China produces around 55% of the total world production of steel which means they currently produce just over one billion tpa. While China's population is large at around 1.4 billion people, they represent well less than 20% of the world's population (potential demand). It is logical that that they need to export large volumes of steel. The 95 million tonnes you show is less than 10% of what they produce so not all that significant in the scheme of things.
- Forums
- ASX - By Stock
- BHP $100 Target !
China produces around 55% of the total world production of steel...
-
-
- There are more pages in this discussion • 131 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 BHP (ASX) to my watchlist
|
|||||
Last
$41.54 |
Change
-0.530(1.26%) |
Mkt cap ! $210.6B |
Open | High | Low | Value | Volume |
$41.57 | $41.84 | $41.31 | $356.2M | 8.577M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | $41.52 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$41.54 | 2990 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 41.520 |
1 | 5000 | 41.510 |
1 | 48 | 41.500 |
2 | 1400 | 41.490 |
1 | 1557 | 41.480 |
Price($) | Vol. | No. |
---|---|---|
41.580 | 5000 | 1 |
41.590 | 6777 | 2 |
41.620 | 6777 | 1 |
41.640 | 1302 | 3 |
41.660 | 6879 | 2 |
Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
Featured News
BHP (ASX) Chart |
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online