FMG 2.08% $22.56 fortescue ltd

Iron ore price, page-21306

  1. 3,823 Posts.
    lightbulb Created with Sketch. 745
    In shipping industry news from 7th May, there is something on Ponta da Madeira.

    Looks like so far its just a very close call for Vale, very close:

    30 April: A first instance court decision was issued declaring a lockdown for the metropolitan area of Sao Luis, where the Ports of Itaqui, Ponta da Madeira and Alumar are located. The lockdown, if maintained, is for an initial period of 10 days starting on 5 May. There is, however, an express exclusion for Port activities.

    https://www.nepia.com/industry-news/coronavirus-outbreak-impact-on-shipping/

    However, they are not out of the woods yet:

    Brazil is by far the hardest-hit nation in Latin America, with 105,222 confirmed cases and 7,288 deaths as of Monday (4th May), according to the Health Ministry.

    Maranhão Governor Flavio Dino of the Brazilian Communist Party told Reuters that 95% of intensive care beds in state-run public hospitals in the area under lockdown are occupied.

    "We're doing a preventative lockdown," Dino said. "We aren't dealing with chaos, but what we were observing is that demand was growing quickly and was above our expansion capacity for beds and health professionals."

    The lockdown, which lasts until May 14, was mandated by a court, but has the support of the governor. It comes as support for social and business restrictions has slipped in Brazil as a whole, with President Jair Bolsonaro downplaying the danger of the virus and focusing on its economic impact.


    https://www.nytimes.com/reuters/2020/05/05/world/americas/05reuters-health-coronavirus-brazil-lockdown.html?searchResultPosition=8

    105,222 cases last Monday in Brazil, but 156,061 cases today. An increase of 33% in 1 week! Deaths: 7,288 up up 47% (app 3,400) to 10,656 Tragic!

    Brazil156,061
    10,656
    61,68583,7208,31873450339,5521,597

    Last edited by jhunt: 10/05/20
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$22.56
Change
0.460(2.08%)
Mkt cap ! $69.53B
Open High Low Value Volume
$22.41 $22.64 $22.22 $60.78M 2.702M

Buyers (Bids)

No. Vol. Price($)
1 458 $22.56
 

Sellers (Offers)

Price($) Vol. No.
$22.57 11403 29
View Market Depth
Last trade - 15.05pm 15/07/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.