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
$7.85 |
Change
-0.170(2.12%) |
Mkt cap ! $6.567B | |||
| Open | High | Low | Value | Volume |
| $8.00 | $8.01 | $7.81 | $34.06M | 4.325M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 16299 | $7.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.85 | 6600 | 1 |
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| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
$7.83 |
Change
-0.170 ( 2.54 %) |
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| Open | High | Low | Volume | ||
| $7.99 | $8.01 | $7.81 | 1754088 | ||
| Last updated 15.59pm 30/05/2024 ? | |||||
| WHC (ASX) Chart |