Small rise yesterday to US$125/t for 65% Fe (margin above the 62% now only US$7 which reflects the increased demand for the cheaper lower grades as steel mills profits are squeezed in the current environment.
http://www.custeel.com/en/csi.jsp
The next month could see IO price back up until extra supply starts to arrive at Chinese ports by end August mainly from Brazil (Vale & Anglo American).
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Small rise yesterday to US$125/t for 65% Fe (margin above the...
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Last
$5.48 |
Change
-0.055(0.99%) |
Mkt cap ! $2.854B | |||
| Open | High | Low | Value | Volume |
| $5.51 | $5.61 | $5.47 | $7.203M | 1.302M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 7715 | $5.47 |
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| Price($) | Vol. | No. |
|---|---|---|
| $5.49 | 5397 | 22 |
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| Last trade - 15.32pm 18/09/2024 (20 minute delay) ? |
| CIA (ASX) Chart |