FMG exports basically errything to China.
A new boom in India sounds great (it's Modhi btw), sounds probable blah blah blah, people been saying that for years. Waiting for Godot. Plus India produces iron ore itself and prefers to use that lower quality ore to benefit local workers.
Iron Ore Price, page-3155
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$17.21 |
Change
0.195(1.15%) |
Mkt cap ! $53.17B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 21 | 13771 | $17.20 |
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