I’m watching iron ore players with interest only atm .
Obviously the iron price has fallen to more “normal” levels and I would think FMG ( Rio/ BHP) still making a quid as they have for years :
I just feel atm iron hasn’t based out . Evergrande and other Chinese property developers who seemed to build ( and use steel) just for the sake of building are looking very shaky. It seems they are pulling some apartment blocks down now - scrap steel may be useful
FMGs commitment to green energy commendable but will be costly
At some stage I may buy some but will wait
Iron ore price, page-39615
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Last
$27.30 |
Change
0.290(1.07%) |
Mkt cap ! $84.05B | |||
| Open | High | Low | Value | Volume |
| $27.64 | $27.67 | $27.15 | $99.32M | 3.622M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 12770 | $27.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.31 | 2433 | 2 |
View Market Depth
| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
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Last
$27.39 |
Change
0.290 ( 1.73 %) |
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| Open | High | Low | Volume | ||
| $27.64 | $27.66 | $27.16 | 658236 | ||
| Last updated 15.59pm 22/05/2024 ? | |||||
| FMG (ASX) Chart |