Tag archives: CC

Daily Virtual Steel Mill Report 17/05/22

Market Verdict on Iron Ore： • Neutral to Bullish.   Macro： • The Chinese NBS statistic indicated that property investment decreased by 6.2% from January to April, which was 5.8% from January to March. The decrease was slight faster than market expectation. • Fu Linghui, spokesperson for the National Bureau of Statistics of China, stated …

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Daily Virtual Steel Mill Report 15/05/22

Market Verdict on Iron Ore： • Neutral.   Macro: • According to Reuters News, the deadlock in raising the federal government’s $31.4 trillion borrowing limit in the U.S. is exacerbating concerns about the global economy. The latest report from the Congressional Budget Office (CBO) pointed out that a “significant risk” of a historic default may …

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