We could be facing another headwind. Hopeful becoming more reliant on the US market will provide a buffer. I'm not sure personally how bad China's economic woes are. I posted the last paragraph blow.
“Steel is only one front in this emerging conflict. The same dynamic is at work with electric vehicles, batteries, solar panels and wind turbines.” (the dynamic is in reference to Chinese dumping on world markets)
https://www.news.com.au/finance/economy/world-economy/australia-iron-ore-bonanza-to-end-as-china-enters-free-fall/news-story/2b2c16dcb91ccd516b83a5c59c1cbd8d
We could be facing another headwind. Hopeful becoming more...
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Last
26.5¢ |
Change
-0.010(3.64%) |
Mkt cap ! $274.2M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.0¢ | 26.5¢ | $966.4K | 3.568M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 548863 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 128000 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| SYR (ASX) Chart |