I think people seem to forget that China is not the only country on the Planet that requires Steel. Although China requires Iron Ore to manufacture Steel they do sell it off to the rest of the world. Keep in mind China is still building the world’s largest Military Naval fleet and is also constructing the world’s largest railway system (belt road initiative) DYOR. Just in that alone Iron Ore Miners won’t be able to Keep up! This is only a short term correction and manipulation in price, it definitely won’t last forever.
- Forums
- ASX - By Stock
- Price of Iron Ore
I think people seem to forget that China is not the only country...
-
- There are more pages in this discussion • 1,276 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FEX (ASX) to my watchlist
(20min delay)
|
|||||
Last
39.5¢ |
Change
0.010(2.60%) |
Mkt cap ! $274.3M |
Open | High | Low | Value | Volume |
38.5¢ | 39.5¢ | 38.0¢ | $607.3K | 1.561M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 69556 | 39.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.5¢ | 38158 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 69556 | 0.390 |
5 | 60279 | 0.385 |
11 | 210912 | 0.380 |
5 | 99400 | 0.375 |
7 | 175115 | 0.370 |
Price($) | Vol. | No. |
---|---|---|
0.395 | 38158 | 3 |
0.400 | 752220 | 23 |
0.405 | 91000 | 3 |
0.410 | 185000 | 6 |
0.415 | 101500 | 2 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
FEX (ASX) Chart |