OST 0.00% 86.5¢ onesteel limited

charts and trading thoughts, page-30

  1. 937 Posts.
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    Hi JG and Shonan,

    At least the IO fines index is still rising ( up another 1.7% overnight to $134.80/T )for 5th day in succession.Points to the Floor that FMG and AGO refer to at $120/T or $110/T being realistic.

    Good graph on p20 of FMG presentation in todays announcements, shows that the $130 to $150 band is the safe bet.

    FT
 
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