And meanwhile in meaningful news, blast furnace capacity utilisation rates are at a 2.5 year high, which it has hovered around for the last month.
port stocks increased slightly by under 1m but are still hovering round 3 year lows. IO stocks at mills according to mysteel yesterday are 20% lower than same time last year too.
anyway I’ve been holding for a number of years. Barely have posted for 3-4 years. I used to post all the time here under a different alias back in 2019. Happy holding and collecting. Might not agree 100% with every decision Twiggy makes but no doubt the media have been a pack of wolves this week. Ok not ideal but the concerns are completely overblown.
WEEKLY: China's BF capacity use nears 2.5-year high
Source: Mysteel 13:30
Ferrous CapacityProduction
After a short dip in the previous week, the blast furnace (BF) capacity utilization rate among 247 Chinese steelmakers under Mysteel's survey nudged up again during August 25-31, gaining by 0.5 percentage point on week to hit a new high of 92.27% since early March 2021, according to Mysteel's latest survey.Meanwhile, the surveyed mills' BF operational rate edged up 0.73 percentage point on week to 84.09%, and the daily hot metal output among these mills accordingly increased by 13,500 tonnes/day to hit 2.47 million t/d, the survey showed. . Market sources attributed the production uptick to the fact that some mills
BACK
- Forums
- ASX - By Stock
- FMG
- Ann: CFO Update
Ann: CFO Update, page-96
-
- There are more pages in this discussion • 80 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
|
|||||
Last
$16.12 |
Change
-0.010(0.06%) |
Mkt cap ! $49.63B |
Open | High | Low | Value | Volume |
$16.30 | $16.35 | $16.00 | $142.8M | 8.831M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 18592 | $16.10 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.14 | 3138 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1844 | 16.100 |
1 | 400 | 16.080 |
3 | 2062 | 16.070 |
2 | 9455 | 16.060 |
1 | 2000 | 16.050 |
Price($) | Vol. | No. |
---|---|---|
16.140 | 3138 | 1 |
16.200 | 1600 | 2 |
16.220 | 1010 | 1 |
16.270 | 491 | 1 |
16.280 | 9999 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |