Stock levels of 150 million tonnes of Iron Ore isn't all that much compared to the total production of steel in China. If all of China's steel production ( ~100M tonnes steel per month) went through the Blast Furnace route the current stocks would only keep them going for a month.
BHP $100 Target !, page-136
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Last
$42.80 |
Change
0.260(0.61%) |
Mkt cap ! $217.0B | |||
| Open | High | Low | Value | Volume |
| $42.64 | $43.07 | $42.41 | $497.0M | 11.62M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1719 | $42.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.80 | 10181 | 2 |
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| BHP (ASX) Chart |