FMG 0.90% $20.14 fortescue ltd

60% of global I/0 goes the china and of that 45% is used in the...

  1. 919 Posts.
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    60% of global I/0 goes the china and of that 45% is used in the property market (care of smh) given china is estimating a growth of 7.5% that is still a bucket load of I/ o . Also worth considering are the next power houses of consumption India and Vietnam IMO will be large markets for I/o why else would Vietnam be producing steel mills and why is India placing huge export tarrifs on their locally mined ore yes this is a dip in price but like the ride at Luna park there will always be ups and ugly downs
 
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