Standard Bank is not as bearish as others on the iron ore market. It highlighted yesterday that it saw the potential for a rally in iron ore prices back towards $US105 a tonne, as the current steel destock begins to clear and as loss-making miners continue to turn off output, both in China and elsewhere.
weak china steel demand will continue! , page-48
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$20.10 |
Change
0.700(3.61%) |
Mkt cap ! $61.88B | |||
| Open | High | Low | Value | Volume |
| $20.26 | $20.49 | $19.94 | $337.2M | 16.71M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 38056 | $20.09 |
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| Price($) | Vol. | No. |
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