FMG 1.07% $21.82 fortescue ltd

if china i/o mines are slowing down/closing due to winter/snow...

  1. 917 Posts.
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    if china i/o mines are slowing down/closing due to winter/snow does this mean they need more imported ore to keep mills operating. Inventories are rebounding but given the current i/o price hovering near $140 it would appear more is needed??
    Given AF is still buying up (at low entry points) would imo, perhaps suggest i/o will remain robust -coupled with all other factors (aus$, inc output, debt reduction) I think is in for a big pay day - all supposition of course. Exciting times ahead
 
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