FMG 1.20% $21.41 fortescue ltd

I agreed with u Robbb. BHP n RIO has done a lot of hard work to...

  1. 264 Posts.
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    I agreed with u Robbb. BHP n RIO has done a lot of hard work to give us what IO price is today. The only problem is the spot price are 30-40pc higher. Which makes thing hard to focus. I am sure the chinese customer won't want to pay spot rate for Steel right?

    To maintain long term business, we need to maintain a win win deal or else we will lose out in the long run when the brazilians flood more ore into the market.

 
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