Daily Virtual Steel Mill Report 05/12/22

Market Verdict on Iron Ore: • Neutral.   Macro: • G7 member countries and Australia reached a consensus to set roof price of Russia export oil at $60/barrel. • U.S. Labor Department statistics indicated that the November Non-Agricultural population reached 263,000 , beyond expected 200,000.   Iron Ore Key Indicators: • Platts62 $107.30, +4.20, MTD …