Tag archives: CC

Daily Virtual Steel Mill Report 24/05/22

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 U.S. Debt ceiling negotiations between the White House and Congressional leadership continued with no resolution, although both …

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Daily Virtual Steel Mill Report 22/05/22

Market Verdict on Iron Ore： • Neutral.   Macro： • U.S. Federal president Jerome Powell indicated that the consumer price was the key of economy. To maintain a stable price was the responsibility of U.S. Federal. The realization of 2% inflation target along with the credit risk would bring long-term panic to economy. Thus, interest …

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