Steel isn't just going to be required for cars. The developing world will require it for all manner of infrastructure and housing. The war in the middle east, Ukraine etc, plus the lack of spending on infrastructure in the western world. FMG are prompting green steel, not just producing in China, but I'm sure I read in one of their reports, here in Australia. Much to look forward to.
Iron ore price, page-50850
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$17.38 |
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Mkt cap ! $53.29B | |||
| Open | High | Low | Value | Volume |
| $17.56 | $17.84 | $17.21 | $105.6M | 6.021M |
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| No. | Vol. | Price($) |
|---|---|---|
| 9 | 4990 | $17.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.38 | 6854 | 15 |
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| FMG (ASX) Chart |