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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Last
$7.83 |
Change
-0.190(2.37%) |
Mkt cap ! $6.563B | |||
| Open | High | Low | Value | Volume |
| $8.00 | $8.01 | $7.81 | $23.79M | 3.015M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 20 | 6509 | $7.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $7.84 | 27107 | 23 |
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| Last trade - 15.00pm 30/05/2024 (20 minute delay) ? |
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Last
$7.84 |
Change
-0.190 ( 2.48 %) |
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| Open | High | Low | Volume | ||
| $7.99 | $8.01 | $7.81 | 1516542 | ||
| Last updated 15.19pm 30/05/2024 ? | |||||
| WHC (ASX) Chart |