Daily Virtual Steel Mill Report 20/06/24

Verdict: • Short-run Neutral.   Macro: • During the Finance Forum in Lujiazui, Shanghai, PBOC’s Pan signals supportive monetary in China, however with limits. The chairman of Regulatory body CSRC mentioned strategic role of high quality development among listed companies, improving companies value and protecting investors rights.   Iron Ore Key Indicators: • Platts62 $107.35, …