FMG 1.32% $19.47 fortescue ltd

Iron ore price, page-26119

  1. 3,637 Posts.
    lightbulb Created with Sketch. 1612
    For the whole box and dice here is the Shanghai Metals market report for today - I will try to buy some more tomorrow. When all the huff and puff has blown away nothing has changed. The scarecrows have crowed but the situation is still the same. The steel inventories are getting smaller and smaller. Good to see Rebar & HRC steel process growing. Get the consumers to pay. Thats called market economics. Also interesting to see that freight rates from Aust have been falling relative to the comp which is actually increasing. Just another reason to buy Aust Iron Ore...

    WzSck20201215180822.pdf

 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.