Nice set up here TA wise. Wedge forming - with a 42c target. Easy and boring buy down here.
The best performing commodity for the week was iron ore, rising 5.48%. Nucor’s temporary steel production halt from a cybersecurity breach adds pressure to North America’s tightening steel supply. Meanwhile, Chinese brokers are cutting net-long aluminum positions, hinting at shifting demand back to steel. This may signal rising expectations for a steel rebound in China, supporting a bullish outlook for global prices.
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 (20min delay)
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Last
27.0¢ |
Change
0.010(3.85%) |
Mkt cap ! $312.5M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 27.0¢ | 26.0¢ | $256.8K | 969.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 145617 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 589496 | 17 |
View Market Depth
| Last trade - 10.48am 27/06/2025 (20 minute delay) ? |
| MGX (ASX) Chart |