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6.90% 5.4¢ vanadium resources limited

I said this in another post but the Chinese Housing market is...

  1. TheJuggernaut
    667 Posts.
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    05/08/22
    13:15
    Post #: 62945376
    I said this in another post but the Chinese Housing market is collapsing slowly and so is their steel production. Their demand is sinking which is hampering the iron ore price and the demand for vanadium which is a requirement (I think its even a legal requirement) for Chinese steel production.

    https://www.mining.com/iron-ore-price-falls-as-property-crisis-threatens-to-drag-down-steel-industry/

    VR8 Price at posting: 7.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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