FMG 1.26% $18.75 fortescue ltd

Iron ore price, page-48813

  1. 48 Posts.
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    excuse my ignorance .
    if steel is in demand in China.
    and iron ore price is going up, why is coal the opposite.
    is there more supply or coal available ? Or is China able to negotiate a lot harder on coal suppliers ?
    thankyou.

    just for transparency , I am selling All of my FMG
 
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