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7.14% 1.3¢ magnum mining and exploration limited

Yes, and the result? ...Pig Iron prices soared this morning...

  1. Nowhere Man
    4,049 Posts.
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    11/02/22
    10:06
    Post #: 59503657

    Yes, and the result? ...Pig Iron prices soared this morning following the announcement from the Chinese government to increase EAF steelmaking, and to open international sourcing of scrap / pig iron etc.


    300M tons of steel scrap per year by 2025 - not bad!


    We're at least 24 months ahead of any similar projects.

    Last edited by Nowhere Man: 11/02/22
    MGU Price at posting: 7.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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