the chinese will win this, encourage tonnage and investment and then reduce the price they will offer for iron ore, the price setting power will shift and as it does the market price will gravitate towards the long run marginal cost of production for the majors, i.e. less than $50 per tonne, nothing lasts forever hence make hay while the sun shines
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- keep selling.... please
keep selling.... please, page-108
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5.2¢ |
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Mkt cap ! $150.9M |
Open | High | Low | Value | Volume |
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4 | 1374496 | 0.051 |
10 | 840503 | 0.050 |
6 | 899795 | 0.049 |
8 | 644814 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 96995 | 2 |
0.055 | 128033 | 2 |
0.056 | 300000 | 1 |
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