Chinese iron ore consumption at all time highs. 2/3 iron ore production loss making. Inventory stockpiles decreasing. Iron ore prices still sub $60. Further cheap supply profitable below $50 due to come on stream shortly. Makes me wonder if iron ore will ever breach $80/tonne again....Will the fmg share price ever recover to something palatable again...........
Chinese iron ore consumption at all time highs. 2/3 iron ore...
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$18.75 |
Change
-0.240(1.26%) |
Mkt cap ! $57.73B | |||
| Open | High | Low | Value | Volume |
| $18.53 | $18.75 | $18.44 | $216.3M | 11.60M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1990 | $18.75 |
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| Price($) | Vol. | No. |
|---|---|---|
| $18.76 | 47022 | 3 |
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