FMG 1.32% $19.47 fortescue ltd

Chinese steel mills turning away Ozzie ships, page-106

  1. 361 Posts.
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    so at a price point its a buyer or steel industry is not competitive.
    As is happening with Australian Coal after china turned back the boats, they Coal found a new home.
    and China ended up with power shortages because indo coal is dirtier less efficient.
 
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