Tag archives: IO

Daily Virtual Steel Mill Report 10/07/23

Market Verdict on Iron Ore： • Neutral to Bearish.   Macro： • China June CPI unchanged on the year, down 0.2% from May. China June PPI down 5.4% on the year, down 0.8% from May. • Initial jobless claim in U.S. for the week ended July 1st increased by 12,000 to 248,000, est. 245,000, indicating …

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Daily Virtual Steel Mill Report 07/07/23

Market Verdict on Iron Ore： • Neutral.   Macro： • The number of ADP employment in the US increased by 497,000 in June, the highest level since February last year, much higher than the expected 225,000 and far ahead of the expected 278,000. The yield of US two-year treasury bond bonds rose to 5.084%, the …

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