Tag archives: CC

Daily Virtual Steel Mill Report 29/05/22

Market Verdict on Iron Ore： • Neutral.   Macro： • US House Speaker Kevin McCarthy stated that the White House and Republican have reached an agreement in principle on the debt ceiling. • From January to April, China industrial enterprises value added amount down 20.6% on the year.   Iron Ore Key Indicators: • Platts62 …

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Daily Virtual Steel Mill Report 26/05/22

Market Verdict on Iron Ore： • Neutral.   Macro： • The number of unemployment benefits files in U.S. last week reached 229,000, a new low since the week of April 22, 2023, with an estimated 245,000 files, compared to the previous value of 242,000 files. • Chinese completed new issued local bonds exceeded 2 trillion …

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Daily Virtual Steel Mill Report 25/05/22

Market Verdict on Iron Ore： • Neutral.   Macro： • U.S. Markit May PMI 48.5, less than expected 50, refreshed the lowest of last three months. Eurozone PMI May at 44.6, last 45.8. • The third round of negotiations between the White House and Congressional leadership continued with no resolution, although both sides described that …

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