WA government has forecast it to go as low as $75US/T but they always have it down
so when they do their budgets they can have a massive surplus to show off.
I think its likely to go as low as $85US/T.
Its likely to pick up again next month which has been the norm the last few years.
As stock piles run down they tend to buy more IO from Oct to about March the the price dips down again.
Iron ore price, page-54426
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Last
$18.12 |
Change
-1.430(7.31%) |
Mkt cap ! $55.79B | |||
| Open | High | Low | Value | Volume |
| $18.76 | $18.85 | $18.12 | $253.5M | 13.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 14492 | $18.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.15 | 25635 | 2 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |