OST 0.00% 86.5¢ onesteel limited

ost getting smashed any ideas, page-5

  1. 221 Posts.
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    MM

    "Imports of Chinese steel are still banned by Oz govt and no likelyhood of ban being lifted in current climate."

    Pardon?

    Chinese steel is flooding into our market. And freight plummeting; as a proxy iron ore freight off from $50/t to $13/t for WA to China.
 
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