FMG 1.86% $19.54 fortescue ltd

Iron ore price, page-53861

  1. 3,435 Posts.
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    Dalian still getting rammed up the rear with some hard rebar confused.png

    https://hotcopper.com.au/data/attachments/6384/6384723-e64ae34865c6b4052549c106fbac3996.jpg

    93.30
    (-2.35/-2.46%)


    Cost curve for a lot of suppliers is around $90, i expect any journey down to $80 will be short lived before suppliers start going into care and maintenance, might be a wild journey for a couple of months.
 
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