Only 3% of US steel imports come from china about 750 000 tonnes, it takes 2 tonnes of ore to make 1 t of steel so only 1.5 million ore that's nothing.
Brazil supplies 13% of US steel, maybe that's why vales share price dropped 5% friday
FMG Technical Analysis, page-864
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Last
$17.10 |
Change
-0.220(1.27%) |
Mkt cap ! $52.61B | |||
| Open | High | Low | Value | Volume |
| $17.11 | $17.23 | $17.05 | $72.56M | 4.199M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 641 | $17.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.10 | 13546 | 14 |
View Market Depth
| Last trade - 11.04am 15/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |