get ready for fireworks , “colour of money is green important is I love it”
WA’s iron ore miners are headed for a bright 2024, according to a leading Australian stockbroker, who attributes the positive outlook to Chinese steelmakers retaining low stockpiles.A research note from stockbroking firm Morgans published on Wednesday argued iron ore reserve stockpiles at Chinese ports have declined to a three-year low, with iron ore inventories across the Asian country’s steel industry said to be at their weakest level since 2017.
FMG Technical Analysis, page-10251
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Last
$17.34 |
Change
0.520(3.09%) |
Mkt cap ! $53.38B | |||
| Open | High | Low | Value | Volume |
| $17.31 | $17.51 | $17.00 | $309.6M | 17.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300 | $17.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.35 | 28897 | 5 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |