That isn't how the world works at all.
Even if you are making what ever you have to be competitive or go bankrupt which many do.
BHP, RIO, FMG and Vale basically control the prices. If they want to they can slow it down and put the prices up
but that is not how they think. Even if it drops as long as they exporting more of it that makes up the short fall of the price.
If it got to low they just slow down production then the prices would rise.
Prices will rise naturally come bout October anyway.
That isn't how the world works at all.Even if you are making...
-
- There are more pages in this discussion • 1,056 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$20.10 |
Change
0.700(3.61%) |
Mkt cap ! $61.88B | |||
| Open | High | Low | Value | Volume |
| $20.26 | $20.49 | $19.94 | $337.2M | 16.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 38056 | $20.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.15 | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |