Daily Virtual Steel Mill Report 24/10/22

Market Verdict on Iron Ore: • Neutral.   Macro: • U.S. Federal was considering lower the December interest hike to 50 bps from 75 bps, however the final interest rate would increase in 2023. At least 6 ECB officials support a 75 bps interest hike by the end of 2022. • China first three quarter …