Tag archives: CC

Daily Virtual Steel Mill Report 09/05/23

Market Verdict on Iron Ore： • Neutral to bullish.   Macro： • In the first four months, China imported 385 million tons of iron ore, an increase of 8.6% y-o-y, and the average import price (the same below) was 781.4 yuan per ton, a decrease of 4.6%. China imported 179 million tons of crude oil, …

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Daily Virtual Steel Mill Report 08/05/22

Market Verdict on Iron Ore： • Neutral to bullish.   Macro： • The unemployment rate of U.S. has fallen to its lowest level in over 50 years, which is 3.4%. In April, non-farm employment increased by 253,000 files, but the job growth in February and March was 149,000 fewer than previously reported. The average hourly …

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