FMG 1.10% $19.76 fortescue ltd

Iron ore price, page-14647

  1. 9,111 Posts.
    lightbulb Created with Sketch. 908

    Not really and range bound at best.

    The bean counters could see prior to Brazil the future money in iron ore was about quality. Vale just kicked that structural change down the road a bit and gave a helping hand to future supply of higher grade products, pellets and scrap.

    Seriously, bottom end of 58% Fe is waiting for a beating.
 
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