FMG 3.61% $20.10 fortescue ltd

Iron ore price, page-31655

  1. 3,358 Posts.
    lightbulb Created with Sketch. 1037
    I think its not that big of a deal,
    Steel costs of a building are often around 15%, so if rebar goes up 50%, the building cost only goes up 7%.
    Not enough to stop most projects, just increases prices a little. In Australia a cost blowout of 10% would be considered good tongue.png
 
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