There's a lot of complicating factors behind this round of negotiations. One of them is that BHP is trying to look like a price taker with no power in negotiations with its customers. This is important when they are facing the EU competition regulators. Maybe giving in on this round is a strategic move.
Next year might be a different story entirely. Maybe there won't even be a weak kneed RIO to cave in like that.
bhp follows rio on iron ore settlements, page-9
Add BHP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$41.34 |
Change
-0.125(0.30%) |
Mkt cap ! $209.8B | |||
| Open | High | Low | Value | Volume |
| $41.31 | $41.52 | $41.02 | $132.6M | 3.216M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 1568 | $41.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.34 | 1757 | 18 |
View Market Depth
| Last trade - 15.01pm 24/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |