The industry’s preferred price provider, S&P Global Platts, said ore with 58 per cent iron was fetching $US75.75 per tonne on Wednesday; a price that was 63.3 per cent of the benchmark iron ore price.
The 58 per cent index published by S&P is not an exact guide for Fortescue’s price realisations, but it iis a reasonable guide, and provides a clear indication of the trajectory of price penalties.
In the AFR this morning. With a $20 dollar cost FMG ain’t earning much this QTR which is why they haven’t given forward look ahead.
The industry’s preferred price provider, S&P Global Platts, said...
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$21.92 |
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Mkt cap ! $67.49B | |||
| Open | High | Low | Value | Volume |
| $21.60 | $21.95 | $21.54 | $94.22M | 4.315M |
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| No. | Vol. | Price($) |
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