i like that FMG can buy its own bigger ships to save on costs ....
they have road, rail, ports and now ships too..
they look to own and run the whole IO chain from the ground to the steel-mill to save on costs .
Lower debt and Lower Costs can only add to Margins .
Ann: Agreement for Construction of Very Large Ore Carriers, page-3
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Last
$20.10 |
Change
0.700(3.61%) |
Mkt cap ! $61.88B | |||
| Open | High | Low | Value | Volume |
| $20.26 | $20.49 | $19.94 | $337.2M | 16.71M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 38056 | $20.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.15 | 20000 | 1 |
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