Chinese steel production mills are running overtime, instead of turning their steel production to Chinese infrastructure, they’re sending their product to export markets. It’s creating a glut in steel, which results in oversupply. Which means a slowdown in production, meaning a slow down in iron ore and coking coal demand.
Target $18.72, page-8354
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$7.75 |
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Mkt cap ! $6.475B | |||
| Open | High | Low | Value | Volume |
| $7.74 | $7.76 | $7.68 | $3.972M | 514.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1265 | $7.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.76 | 12566 | 16 |
View Market Depth
| Last trade - 11.08am 14/05/2024 (20 minute delay) ? |
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$7.75 |
Change
0.000 ( 0.02 %) |
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| Open | High | Low | Volume | ||
| $7.72 | $7.76 | $7.68 | 115317 | ||
| Last updated 11.25am 14/05/2024 ? | |||||
| WHC (ASX) Chart |