Daily Virtual Steel Mill Report 15/11/22

Market Verdict on Iron Ore: • Neutral to bullish.   Macro: • OPEC decreased the oil market demand for the fifth time in 2022 since April. The OPEC expected the oil demand in 2022 at 2.55 million barrels/day, down 100,000 barrels/day from last report. • China Tianjin published 14 detailed practices to support automobile consumption. …