FMG 1.47% $17.26 fortescue ltd

Iron ore price, page-54023

  1. 5,316 Posts.
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    The problem for mining companies is that they are price takers and not price makers.

    The market sets the price they get for their production.

    Where as other companies that manufacture their products or offer a service can set their own price based on the quality of their product and service.
 
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