We could be facing another headwind. Hopeful becoming more reliant on the US market will provide a buffer. I'm not sure personally how bad China's economic woes are. I posted the last paragraph blow.
“Steel is only one front in this emerging conflict. The same dynamic is at work with electric vehicles, batteries, solar panels and wind turbines.” (the dynamic is in reference to Chinese dumping on world markets)
https://www.news.com.au/finance/economy/world-economy/australia-iron-ore-bonanza-to-end-as-china-enters-free-fall/news-story/2b2c16dcb91ccd516b83a5c59c1cbd8d
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Last
25.5¢ |
Change
-0.005(1.92%) |
Mkt cap ! $265.7M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.3¢ | 24.5¢ | $969.6K | 3.824M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 129004 | 2 |
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| Last trade - 16.10pm 30/06/2025 (20 minute delay) ? |
| SYR (ASX) Chart |