That’s right, China has a huge hunger for steel. Prices between high and low grades are diminishing
I suspect BB will buy up aggressively and send a clear message to shorters
IOP surging,
Fmg diversifying into other commodities-
psying down debt
lowering their costs
increasing margins on higher grade ore
hydrogen in the cards.
Lets see a strong bounce on Monday, rest of December
and into the 2019
Iron ore price, page-8954
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Last
$22.57 |
Change
0.465(2.10%) |
Mkt cap ! $68.93B | |||
| Open | High | Low | Value | Volume |
| $22.41 | $22.59 | $22.22 | $34.71M | 1.548M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 6902 | $22.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.57 | 919 | 5 |
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| Last trade - 12.20pm 15/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |