Iron ore surges as China’s steel output approaches ‘inflection point’
Alex GluyasMarkets reporterNov 30, 2021 – 11.51amSaveShareSpeculation that China’s steel mills are preparing for an easing of production cuts as soon as next month sent iron ore prices surging as traders positioned for an approaching inflection point in the country’s steel output.The price of iron ore traded in the spot market jumped 6.8 per cent to $US103.27 a tonne, according to Fastmarkets MB, more than recouping the losses from Friday’s omicron-induced sell-off. Futures in Singapore were up nearly 10 per cent.
Source : AFR
Tides are turning-all positive for CRN
- Forums
- ASX - By Stock
- CRN
- Met Coal Futures Up Nearly 5%
Met Coal Futures Up Nearly 5%, page-6
Featured News
Add CRN (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.20 |
Change
0.000(0.00%) |
Mkt cap ! $2.011B |
Open | High | Low | Value | Volume |
$1.21 | $1.23 | $1.20 | $3.450M | 2.859M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 57682 | $1.20 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.21 | 16598 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 57682 | 1.200 |
4 | 56468 | 1.195 |
2 | 18400 | 1.190 |
2 | 100000 | 1.185 |
5 | 36078 | 1.180 |
Price($) | Vol. | No. |
---|---|---|
1.205 | 16598 | 1 |
1.210 | 13908 | 4 |
1.220 | 55459 | 3 |
1.225 | 16326 | 1 |
1.230 | 395282 | 8 |
Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
|
|||||
Last
$1.21 |
  |
Change
0.000 ( 0.78 %) |
|||
Open | High | Low | Volume | ||
$1.22 | $1.22 | $1.20 | 792502 | ||
Last updated 15.59pm 06/05/2024 ? |
Featured News
CRN (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online