I include for your benefit the previous estimation that Tewks gave for DRI
Code: APG - AUSTPAC RESOURCES NL (Google APG) Post: 2567634 Reply to: #2567474 from hummms Views: 126 Posted: 19/02/08 14:42 Sentiment: Buy Disclosure: Stock Held From: 124.170.xxx.xxx New Post Post Reply Thread View Back << Previous Post Next Post >>
I (Tewkleberry) think the DRI price roughly tracks the scrap price. That's around US$300/tonne
I (hummms) may be wrong but I think this is the first notification that APG thinks the DRI is worth $ 400 per tonne.
The longer we wait the better it gets !
APG Price at posting:
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