The only thing that will turn the IO price around is a major restocking of ore in China, which should be happening now, so it is looking dire ST. Last year the IO price started heading south in early December. Not really following it all that closely, though.
All IO stocks are for the brave, particularly considering the levels the US markets are at now.
iron ore price, page-551
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Last
$18.31 |
Change
0.340(1.89%) |
Mkt cap ! $56.37B | |||
| Open | High | Low | Value | Volume |
| $18.09 | $18.32 | $18.06 | $115.9M | 6.367M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 273 | $18.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.32 | 9260 | 4 |
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| FMG (ASX) Chart |