Shagang are going to have to put more pressure on GRR Management to produce more pellets that they'll need to replace that 58% crap that they still get from FMG.
Maybe they'll have to takeover Southdown(at premium dollars) and develop that to get more pellets. Great to see the Chinese authorities getting tough on pollution with all these steel companies as this is going to increase demand(and price) for 65%+ pellets.
Shagang are going to have to put more pressure on GRR Management...
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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 |
