'Expectations for steel consumption recovery in #China for the 2H 2024 remain weak.
Infrastructure projects are slowing down in terms of new starts due to the ongoing pressure of local debt resolution (the annual cumulative growth rate for infrastructure investment is expected to be 5.5%, lower than last year's cumulative growth rate).
The real estate sector is likely to continue its downward trend at the front end (annual cumulative new starts are expected to be around -21%, a larger decline than last year's cumulative decline). #Steel'
Iron ore price, page-53298
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$18.28 |
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-2.070(10.2%) |
Mkt cap ! $56.28B | |||
| Open | High | Low | Value | Volume |
| $18.59 | $18.68 | $18.26 | $482.3M | 26.08M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 8480 | $18.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.30 | 300 | 1 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |