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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$21.73 |
Change
-0.130(0.59%) |
Mkt cap ! $67.30B | |||
| Open | High | Low | Value | Volume |
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