FMG 0.00% $20.35 fortescue ltd

Macquarie expects an even greater surge of exports into China in...

  1. xf1
    263 Posts.
    Macquarie expects an even greater surge of exports into China in the second half of 2008, this time from the big producers, as all have meaningfully been increasing their production capacities. Normally exports over this period drop off, with the Indian monsoon season closing down activity there, but this year there is a new player on the block to make up the difference - one Fortescue Metals (FMG.AX
 
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