the price of iron ore has fallen recently, which has impacted the share prices of major mining companies like BHP and Rio Tinto. Iron ore is currently trading near the US$80 per tonne level, and this price drop is largely driven by reduced demand from China, particularly due to a slowdown in its steel production. This decline in demand has led to weaker commodity prices, pushing down the stock values of companies heavily reliant on iron ore.
BHP supports Australian economy, page-75
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Last
$43.40 |
Change
0.410(0.95%) |
Mkt cap ! $220.2B | |||
| Open | High | Low | Value | Volume |
| $43.52 | $44.03 | $43.40 | $362.0M | 8.304M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14238 | $43.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.44 | 25000 | 3 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| BHP (ASX) Chart |