Well Thats very informative Mike, but you have to remember that its not all about the cities in China. The thing is is that China is developing a middle class in the provinces, along with India and the likes. All of these people want what we have. Cars, refrigerators, home goods and the like. This takes a lot of steel and a lot of power. Hence the reason why China, India, Pakistan are building over 30 Nuclear reactors in the next 10 years, so I dont totally agree that ther will be an over supply.
does fmg price match the outlook, page-2
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$21.41 |
Change
-0.260(1.20%) |
Mkt cap ! $65.92B | |||
| Open | High | Low | Value | Volume |
| $21.52 | $21.67 | $21.30 | $150.5M | 7.000M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93 | $21.40 |
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| Price($) | Vol. | No. |
|---|---|---|
| $21.41 | 12657 | 3 |
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