The govt pen-pushers now need the iron ore price to fall by 37% over the next 18 months as the Spot Iron Ore price China Import(Fines 62% Fe) went up US$0.90 to US$78.00/dry ton overnight.
And the USD price for our pellets keeps rising into January:
http://www.steelmint.com/pellets-prices-global
Look at middle line-CHF China-then click on orange graph symbol.
The trend is your friend so can't see any reason to be spooked by these boffins.
Pellet Price, page-197
Add GRR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
23.5¢ |
Change
-0.005(2.08%) |
Mkt cap ! $266.1M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.5¢ | 23.5¢ | $96.74K | 403.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 311733 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 11914 | 3 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| GRR (ASX) Chart |
