"The price cap policy was introduced to pressure on the foreign iron ore suppliers during the price talks," an anonymous official at Shougang International Corp., a trader for Beijing-based Shoudu Iron and Steel Group, told Interfax Tuesday. "The policy will be terminated automatically in April, the beginning of the fiscal year."
Note the last sentence.
"The price cap policy was introduced to pressure on the foreign...
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Last
32.5¢ |
Change
0.005(1.56%) |
Mkt cap ! $394.9M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.0¢ | 32.0¢ | $261.7K | 806.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 150829 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 153893 | 14 |
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| Last trade - 14.10pm 08/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |