Daily Virtual Steel Mill Report 25/08/22

Market Verdict on Iron Ore: • Neutral. Macro   • U.S. Markit Manufacturing PMI 51.3 in August, refreshed new low since July 2020. Eurozone Manufacturing PMI 49.7, refreshed new low of the past 26 months. • MySteel 170 power plants total coal inventories 26.17 million tons, down 267,000 tons w-o-w. Daily consumption 1.575 million tons, …