Daily Virtual Steel Mill Report 29/09/22

Market Verdict on Iron Ore: Neutral to bullish.   Macro: National conference from CFXC(China Foreign Exchange Commission) mentioned to stablise foreign exchange market, prevent Chinese yuan from sharp rise or fall. Previously Japan started to release 3.6 trillion Yen to slow down the fast depreciating Yen.   Iron Ore Key Indicators: Platts62 $99.60, +0.85, MTD …