FMG 0.45% $22.10 fortescue ltd

Iron ore price, page-32420

  1. 141 Posts.
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    Please don't make sheet up. Never said that at all.
    I said with the measures in place to maximize scrap recycling, cut excess steel production, bar steel export, encourage steel import and having stockpiled domestic and imported ores for about a year then China can get away (most importantly with ramp up of massively expanded IO mining capacity) with importing very little Pilbara ore in the next 6 months. Hence a partial boycott.

    I always maintain thay China in this boycott scenario will continue to import from Brazil, South Africa, India and other sources like Iran and Sierra Leone.
 
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