The analysts were incorrect.
Emerging from the COVID-19 pandemic, China has invested heavily into the domestic economy, pouring money into steel-hungry infrastructure.“Steel production has gone up by 250 to 300 million tonnes. If you translate that into iron ore, China needs an extra about 400 to 500 million tonnes a year,” says Magnetite Mines (ASX:MGT) non-exec director Mark Eames.
The analysts were incorrect.Emerging from the COVID-19 pandemic,...
Add MGT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
31.5¢ |
Change
0.045(16.7%) |
Mkt cap ! $31.00M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 31.5¢ | 27.0¢ | $149.6K | 518.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5000 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 33790 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
31.5¢ |
Change
0.045 ( 18.9 %) |
||||
| Open | High | Low | Volume | ||
| 27.5¢ | 31.5¢ | 27.5¢ | 45119 | ||
| Last updated 15.56pm 03/05/2024 ? | |||||
| MGT (ASX) Chart |