Lower demand for steel plus indications that there will be serious shortages of high enough grades to use for DRI I think will lead to a further decoupling of high grade vs low grade prices. IMO the outlook for prices for MGT'S product is solid, and we are in a better position than just going off the 58% or 62% price would suggest. No one is going to be getting 68%+ ore for $80 a ton.
Lower demand for steel plus indications that there will be...
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18.5¢ |
Change
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Mkt cap ! $19.44M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
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