Daily Virtual Steel Mill Report 19/07/23

Market Verdict on Iron Ore: • Neutral.   Macro: • JPM said that the China housing turmoil raised chance for lower down payment ratios. Previously, the huge debt default risk in Evergrande failed analysts expectations.   Iron Ore Key Indicators: • Platts62 $115.85, +0.80, MTD $111.33. The seaborne trade refreshed the most active day of …

Freight Index Report 18/07/23

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