I'm not talking about the current price. Everyone can see both IO price and steel price are sky high atm.
I'm talking about China green industrial approach and the future of Iron ore price.
Lower input price, IO price is better for steel producers. Bsl proved It could make good profit margin when the input price is high. That's very important and that why I like it.
Bsl will make better profit margin when the input price is falling.
$20 is easy
I'm waiting for Biden to announce a fresh stimulus for an infrastructure fund following the recent 1.9b stimulus.
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I'm not talking about the current price. Everyone can see both...
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$20.09 |
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Open | High | Low | Value | Volume |
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1 | 331 | 19.550 |
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1 | 40 | 19.490 |
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Price($) | Vol. | No. |
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20.270 | 493 | 1 |
20.420 | 1000 | 1 |
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