Thursday January 4th 2024
Prices for iron ore cargoes with a 63.5% iron ore content for delivery in Tianjin rose past $144 per tonne in early January, the highest since April 2022 and extending the near 20% jump in 2023 amid robust demand for industrial metals. The Chinese government continued to implement measures to stimulate property and infrastructure development, lastly exemplified by the PBoC lending CNY 350 billion to other policy banks, including the China Construction Bank. The developments magnified strong buying from steel mills as they aim to restock in the winter, compounding on robust demand from producers at the turn of the year as Beijing suspended output controls to improve margins for the debt-ridden property developers.
Robe Mesa Enterprise Value
33,000,000 x $144 = $4,752,000,000 (Billion)
CZR Market Cap prior to the trading halt = $51,000,000 (Million)
Thursday January 4th 2024Prices for iron ore cargoes with a...
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Last
28.0¢ |
Change
0.005(1.82%) |
Mkt cap ! $66.00M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 28.0¢ | 27.5¢ | $19.56K | 69.97K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22999 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 4058 | 1 |
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| Last trade - 15.00pm 05/07/2024 (20 minute delay) ? |
| CZR (ASX) Chart |