Daily Virtual Steel Mill Report 09/08/22

Market Verdict on Iron Ore: • Neutral.   Macro • U.S. New York Federal survey indicated that the future three-year inflation expectation fell from 3.6% to 3.2%.   Iron Ore Key Indicators: • Platts62 $108.80, +1.85, MTD $108.98. The term contract discounts for FMG in August widened in August, however market participants indicated that the …

EU Submits “Final Text” To Revive Iran Nuclear Accord 09/08/22

Oil dips on chance of Iran supply boost   Oil prices pulled back slightly on Tuesday on the latest progress in last-ditch talks to revive the 2015 Iran nuclear accord, which would clear the way to boost its crude exports in a tight market. Brent crude futures fell 14 cents, or 0.1%, to $96.51 a …