re: bhp predicts tough year for iron ore division BHP are in discussion with Mittal as they complain. Steel is now the sole preserve of India China and yes Brazil. It is all about cheap labour in a capital intensive industry where the players must have their own markets to survive and who else consumes as much as the US and Europe?? China and India. Moreover steel can survive on low technology and the onoly disadvantage for the Chinese is that they don't have sufficient iron ore. The Indians and Brazilians do.
re: bhp predicts tough year for iron ore division BHP are in...
Add BHP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$41.19 |
Change
-0.370(0.89%) |
Mkt cap ! $208.8B | |||
| Open | High | Low | Value | Volume |
| $41.38 | $41.53 | $41.15 | $305.6M | 7.403M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 802 | $41.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.25 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |