Daily Virtual Steel Mill Report 13/03/22

Market Verdict on Iron Ore: • Neutral.   Macro: • U.S. February non-farm payroll increased by 311,000, estimated up 225,000, last 517,000. U.S. February jobless rate at 3.6%, est. 3.4%, last 3.4%. • U.S. federal reserve announced emergency bank financing program(BTFP). The Ministry of Finance will provide $25 billion to support bank loans. According to …