FMG 1.72% $22.48 fortescue ltd

Iron ore price, page-35170

  1. 918 Posts.
    lightbulb Created with Sketch. 31
    amazing what a few hours can make - looking better.

    Also was reading the following from an excerpt from Dow Jones Futures - Investors.com
    Stock Market Rally -
    The Metals & Mining ETF XME popped 4% and the infrastructure ETF PAVE climbed 2.2%. U.S. Global Jets ETF (JETS) ascended 1.85%. SPDR S&P Homebuilders ETF (XHB) advanced 1.25%. The Energy Select SPDR ETF (XLE) rose 1.8% and the Financial Select SPDR ETF (XLF) just over 1%.

    I think $1T U.S will have a huge impact on steel demand. And surely China wants a piece of the action??

    https://hotcopper.com.au/data/attachments/3458/3458594-4e4693bd735bd9171e226203e1bd1669.jpg
 
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