Iron ore price is near record high is significant in a macro environment like today where we have Chinese property crisis, high interest rates around the world,.. There must be reasons why Chinese keep buying, there must be a new source of high consumption beside many high rise apartments. I think FMG's assessment on renewable infrastructure roll out in China as a new source of iron ore demand is credible.
Iron ore price is near record high is significant in a macro...
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Last
$23.60 |
Change
-0.770(3.16%) |
Mkt cap ! $72.66B | |||
| Open | High | Low | Value | Volume |
| $24.10 | $24.13 | $23.56 | $150.3M | 6.342M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 26332 | $23.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $23.64 | 5034 | 1 |
View Market Depth
| Last trade - 16.10pm 11/06/2024 (20 minute delay) ? |
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Last
$23.63 |
Change
-0.770 ( 2.84 %) |
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| Open | High | Low | Volume | ||
| $24.10 | $24.12 | $23.56 | 1105849 | ||
| Last updated 15.59pm 11/06/2024 ? | |||||
| FMG (ASX) Chart |