China’s lockdowns are showing some sign of easing, firing up the iron ore market.
Iron ore prices lifted above US$137/t overnight and futures are again in positive territory as China tries to catch up on its economic growth targets.
“There are already signs steel producers are preparing for a rebound in demand,” ANZ Research’s Felicity Emmett said in a note.
“In the steel making hub of Tangshan, blast furnace usage is rising. Utilisation rates are on course for a third monthly increase with operations holding steady.
https://**promotion blocked**/resources/ground-breakers-big-wheels-keep-on-turning-explorers-keep-on-drilling/?amp
China’s lockdowns are showing some sign of easing, firing up the...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$4.29 |
Change
0.125(3.00%) |
Mkt cap ! $2.282B | |||
| Open | High | Low | Value | Volume |
| $4.21 | $4.31 | $4.14 | $3.129M | 736.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 4195 | $4.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.29 | 7781 | 14 |
View Market Depth
| Last trade - 10.48am 08/08/2025 (20 minute delay) ? |
| CIA (ASX) Chart |