The Chinese might be the biggest steel user at around 50% and producer at 57% (not 80%), but large as they are they only make up 18% of the worlds population , the other 82% are needing more steel.
Incorrect. Global steel production has effectively peaked. The Minerals Council predicts just 0.7% pa growth in seaborne IO trade up to 2030. However IO production will be increasing very rapidly (>3.5% pa until at least 2025).
The Chinese might be the biggest steel user at around 50% and...
-
- There are more pages in this discussion • 14,211 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$18.87 |
Change
0.590(3.23%) |
Mkt cap ! $58.10B | |||
| Open | High | Low | Value | Volume |
| $18.86 | $18.90 | $18.44 | $375.1M | 19.96M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 900 | $18.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.88 | 3586 | 4 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |