Agreed forecast should include most of price moves but i think it is still being undercooked, from memory the benchmark HRC price used to produce the forecast is well below what current prices are. Chinese prices domestically are higher than Oz and most international markets without tariffs. No incentive to export when prices are cheaper to do so. Steel imports to Oz well away from traditional lines of Japan, Korea and Taiwan, most further afield due to anti-dumping and are being hit by high costs of shipping.....
Agreed forecast should include most of price moves but i think...
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Last
$21.78 |
Change
-0.420(1.89%) |
Mkt cap ! $9.660B | |||
| Open | High | Low | Value | Volume |
| $22.01 | $22.11 | $21.76 | $18.49M | 844.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 200 | $21.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.78 | 86 | 3 |
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| Last trade - 12.17pm 01/10/2024 (20 minute delay) ? |
| BSL (ASX) Chart |