Tag archives: CC

Daily Virtual Steel Mill Report 05/05/22

Market Verdict on Iron Ore： • Neutral.   Macro： • The European Central Bank slowed down its rate hike on Thursday, but hinted at further tightening policies in the future, which the market expects to be the final stage of its fight against inflation. All European Central Bank decision-makers, except for the Management Committee and …

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Daily Virtual Steel Mill Report 04/05/22

Market Verdict on Iron Ore： • Neutral.   Macro： • U.S. Federal increased interest rate by 25 bps to 5.00% – 5.25% area as previous expectation. However the conference didn’t mention “ a further interest hike”, which was read as federal would stop interest hike. • IMF published “Economic Outlook for Asia and Pacific report”, …

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