Daily Virtual Steel Mill Report 29/3/22

Market Verdict on Iron Ore: • Neutral. Macro • G7 countries refused to pay Russian gas in Rubles. • OPEC+ indicated that they will maintain moderate increase on production. Iron Ore Key Indicators: • Platts62 $152.40, +1.60, MTD $149.99. Iron ore portside and seaborne both saw much higher offers on last Friday as trade sources …