And also because their internet Huawei 5g being banned in many countries. They've laid off over 100 people in the last few days and losing millions in the business.
There was a discussion on Sky News this morning but I missed who the speaker was. He was saying that many countries (didn't divulge) were beginning to stockpile ore because they really have no confidence that Brazil will deliver next year.
Iron ore price, page-31183
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Last
$23.20 |
Change
-0.220(0.94%) |
Mkt cap ! $71.43B | |||
| Open | High | Low | Value | Volume |
| $23.46 | $23.49 | $23.04 | $104.4M | 4.486M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18833 | $23.19 |
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| Price($) | Vol. | No. |
|---|---|---|
| $23.20 | 6082 | 1 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$23.24 |
Change
-0.220 ( 0.46 %) |
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| Open | High | Low | Volume | ||
| $23.47 | $23.49 | $23.04 | 1188146 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
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