IO price up.
China steel mills healthy margin up.
China blast furnace utilization up.
China steel exports up (7 year high) from strong steel demand in South East Asia.
Iron ore forecast from FMG "strong demand"
and BHP "very strong demand" for iron ore in 23 and 24.
"The blast furnace (BF) capacity utilization rate among 247 Chinese steel mills under Mysteel's regular survey stood largely stable on week at 92.11% over June 30-July 6, or inching up by a small 0.13 percentage point on week. Domestic steelmakers were producing robustly to secure their healthy margins, Mysteel Global noted."
IO price up.China steel mills healthy margin up.China blast...
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Last
38.0¢ |
Change
-0.005(1.30%) |
Mkt cap ! $451.5M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 38.3¢ | 38.0¢ | $70.40K | 185.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 73256 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 247022 | 7 |
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| Last trade - 10.49am 31/07/2025 (20 minute delay) ? |
| MGX (ASX) Chart |