FMG 1.20% $21.41 fortescue ltd

Iron Ore Price, page-1181

  1. 1,362 Posts.
    You may well be right Andy, I base my theory on the fact
    that every time the Chinese and the US {This time it's the EU}
    have injected large scale stimulus there has been about
    six months lag time for it to effect IO demand.

    I guess one reason why I may be wrong is we haven't had VALE,
    BHP, RIO and GINA pumping another 300/mt into the market in
    a short space of time before. Certainly wouldn't be worth betting
    on long term!
 
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1 93 $21.40
 

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