This may not be the low but its not about fundamentals. That idiot Chinese authoritative person opened the door for the UBS's Goldmans etc to place big short bets on Chinese steel futures and drive them into the ground. This could go on for a while but spot will be different.
Iron Ore Price, page-7809
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Last
$18.18 |
Change
-0.090(0.49%) |
Mkt cap ! $55.97B | |||
| Open | High | Low | Value | Volume |
| $18.26 | $18.41 | $18.18 | $200.9M | 11.00M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 6678 | $18.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.19 | 70000 | 3 |
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| FMG (ASX) Chart |