FEX fenix resources ltd

I don't understand the logic of the long term affects of the...

  1. 1,095 Posts.
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    I don't understand the logic of the long term affects of the steel production cuts and china putting tax on steel exports. Does that not mean that buyer will just look at buying from other markets? Steel production cuts should increase the price for steel in the medium term. Hence the price should steady out or even increase when buyers find new steel markets which don't have the export tax placed on them.
 
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Last
31.5¢
Change
0.005(1.61%)
Mkt cap ! $229.7M
Open High Low Value Volume
31.5¢ 31.5¢ 31.5¢ $13.08K 41.54K

Buyers (Bids)

No. Vol. Price($)
10 603014 31.0¢
 

Sellers (Offers)

Price($) Vol. No.
31.5¢ 146933 6
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Last trade - 09.59am 28/07/2025 (20 minute delay) ?
FEX (ASX) Chart
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