|Bid||9.57 x 27600|
|Ask||9.58 x 30300|
|Day's Range||9.41 - 9.66|
|52 Week Range||4.86 - 11.70|
|PE Ratio (TTM)||10.95|
|Dividend & Yield||0.29 (3.11%)|
|1y Target Est||9.90|
Brazilian stocks hit a one-month high on Tuesday as a rally in the prices of commodity boosted shares of local blue-chips Vale SA and Petróleo Brasileiro SA. China-listed iron ore futures also snapped a three-day losing streak on the back of China's strong steel sector, lifting shares in Vale, the world's largest iron ore miner. Bradespar SA, a key Vale shareholder, were the biggest gainers on Brazil's benchmark Bovespa stock index.
Real estate directly impacts 40 other sectors in China. It’s important for iron ore investors to track China’s real estate growth.
Chinese steel production has been hitting one record after another. This renewed vigor in the Chinese steel industry is due to higher steel prices.