The world has been through wars, depression and the economies flourished after. These days high inflation( double digits) is not feasible. The Federal/Reserve banks of this world have a wonderful tool to control the inflation. It's called interest rate. The world needs steel to make cars, white goods, bridges, roads etc. Do you own research how many products around you are made from steel.
Ann: September Quarterly Production Report, page-77
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Last
$16.48 |
Change
0.175(1.07%) |
Mkt cap ! $50.18B | |||
| Open | High | Low | Value | Volume |
| $16.50 | $16.58 | $16.42 | $17.82M | 1.081M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 4917 | $16.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.48 | 3497 | 10 |
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| Last trade - 10.22am 12/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |