Daily Virtual Steel Mill Report 28/04/22

Market Verdict on Iron Ore: • Neutral.   Macro: • China NBS statistic indicated that Jan- Mar 2023 industrial profit amount above designated scale reached 151.67 million yuan, down 21.4% on the year. • U.S. Q1 GDP growth rate at 1.1%, lower than expected 2.0%.   Iron Ore Key Indicators: • Platts62 $106.05, -1.60, MTD …