World Bank are forecasting Iron Ore prices to remain elevated at USD $115 for 2023 and USD $110 for 2024.
Last quarter is a reasonable indication of the profitability to expect in the medium term. India are aiming to double steel production by 2030. Lots of Iron Ore needed.
I am also exposed to DRR which will likely be taken out by BHP at some point.
World Bank are forecasting Iron Ore prices to remain elevated at...
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Last
32.0¢ |
Change
0.005(1.59%) |
Mkt cap ! $222.2M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 32.0¢ | 31.0¢ | $359.1K | 1.134M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 231111 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 608478 | 8 |
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| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
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Last
32.0¢ |
Change
0.005 ( 1.59 %) |
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| Open | High | Low | Volume | ||
| 31.5¢ | 32.0¢ | 31.0¢ | 561996 | ||
| Last updated 15.04pm 22/05/2024 ? | |||||
| FEX (ASX) Chart |