ABC Business news tonight on ABC24 had the CEO of FMG talking about he slow down of steel production
and he said yes it had slowed but slowed back to one billion tonnes of steel which means FMG, RIO and BHP
that it won't effect them at all with selling IO to China.
It will be repeated later tonight on ABC24 and on iView.
Suggest people go watch it.
The CEO of FMG also stated they haven't even maxed out Iron Bridge full export potential of that so
profits will be getting far bigger.
Last financial year profits up 18% to $8.4b
FMG sells 90% of its products to China.
Iron ore price, page-54264
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$18.44 |
Change
-0.190(1.02%) |
Mkt cap ! $56.77B | |||
| Open | High | Low | Value | Volume |
| $18.86 | $18.95 | $18.12 | $237.9M | 12.86M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $18.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.45 | 4950 | 4 |
View Market Depth
| Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |