Iron ore is NOT dropping to $70 per tonne ...
I am pretty sure I read only a week ago that the bear case scenario was $85.
The IO price may slide a little bit in the short term .. Then comes along the official China US trade agreement - U.S and Chinese liquidity pumps, the steel makers come out of maintenance season and IO sits comfortably above $100 US before you know it.
So please so me your modelling on $85 please @pastperformer as I would like to see it if you have the time. If at $85 the numbers stack up I sit comfortably.
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Last
$33.98 |
Change
0.720(2.16%) |
Mkt cap ! $6.677B |
Open | High | Low | Value | Volume |
$33.27 | $34.35 | $33.02 | $94.98M | 2.809M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50 | $33.95 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$33.98 | 1079 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1630 | 33.900 |
1 | 230 | 33.600 |
1 | 1000 | 33.550 |
1 | 1000 | 33.520 |
1 | 40500 | 33.510 |
Price($) | Vol. | No. |
---|---|---|
33.980 | 1079 | 2 |
34.000 | 8 | 1 |
34.050 | 150 | 1 |
34.100 | 2939 | 1 |
34.200 | 1062 | 2 |
Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
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