if china i/o mines are slowing down/closing due to winter/snow does this mean they need more imported ore to keep mills operating. Inventories are rebounding but given the current i/o price hovering near $140 it would appear more is needed??
Given AF is still buying up (at low entry points) would imo, perhaps suggest i/o will remain robust -coupled with all other factors (aus$, inc output, debt reduction) I think is in for a big pay day - all supposition of course. Exciting times ahead
if china i/o mines are slowing down/closing due to winter/snow...
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Last
$21.59 |
Change
-0.270(1.24%) |
Mkt cap ! $66.47B | |||
| Open | High | Low | Value | Volume |
| $21.71 | $21.80 | $21.51 | $95.00M | 4.393M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7115 | $21.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.59 | 4291 | 2 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |