`After cutting back on steel production to meet climate change targets, the Communist power is now embarking on large-scale transport infrastructure projects.This has seen prices for iron ore, the commodity used to make steel, recover to reach a three-month high of $US128 a metric tonne as of Tuesday.While that is below well the all-time high of $US222 a tonne reached in July last year, the signs are good for Australia with China kickstarting 3 trillion yuan ($A655billion) worth of infrastructure projects in the first three weeks of 2022.`
Giddy up for increasing IO prices!..Ka- Ching coming $$$
Price of Iron Ore, page-1022
-
- There are more pages in this discussion • 678 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FEX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
43.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $302.1M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.5¢ | 41.5¢ | $1.237M | 2.926M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 172820 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 188053 | 7 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| FEX (ASX) Chart |