World Bank are forecasting Iron Ore prices to remain elevated at USD $115 for 2023 and USD $110 for 2024.
Last quarter is a reasonable indication of the profitability to expect in the medium term. India are aiming to double steel production by 2030. Lots of Iron Ore needed.
I am also exposed to DRR which will likely be taken out by BHP at some point.
SELL, page-23
-
- There are more pages in this discussion • 6 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
32.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $225.7M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 33.0¢ | 32.0¢ | $146.6K | 450.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 106975 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 20949 | 3 |
View Market Depth
| Last trade - 16.10pm 18/06/2024 (20 minute delay) ? |
| FEX (ASX) Chart |