FMG 0.93% $22.41 fortescue ltd

Let me get this right, no one is buying houses in China,...

  1. 1,496 Posts.
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    Let me get this right, no one is buying houses in China, construction activity is down, steel production is down and the PMI is up...

    Similar situation in Europe, demand is down, steel production is down so much Arcelor mittal has shut down plants, but somehow the PMI is up in a few of the countries.

    I better go check my maths, 1+2 is not 3 it seems.
 
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