Chinese steel production mills are running overtime, instead of turning their steel production to Chinese infrastructure, they’re sending their product to export markets. It’s creating a glut in steel, which results in oversupply. Which means a slowdown in production, meaning a slow down in iron ore and coking coal demand.
Target $18.72, page-8354
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Last
$8.01 |
Change
-0.320(3.84%) |
Mkt cap ! $6.688B | |||
| Open | High | Low | Value | Volume |
| $8.07 | $8.10 | $7.88 | $44.16M | 5.533M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 781 | $8.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.21 | 3606 | 2 |
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| Last trade - 15.59pm 05/06/2024 (20 minute delay) ? |
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Last
$8.00 |
Change
-0.320 ( 3.78 %) |
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| Open | High | Low | Volume | ||
| $8.07 | $8.07 | $7.88 | 1252615 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| WHC (ASX) Chart |