FMG 0.10% $10.38 fortescue metals group ltd

iron ore prices rise 65 pct from april 1st

  1. 960 Posts.
    Dow Jones has reported that Nippon Steel in Japan has agreed to a 65% increase in iron ore prices effective 1st april, vey bullish for fmg,bhp,rio and iron ore producers,
    the chinese will most likelyIMHO have to agree to this increase.Great timing for FMG.
 
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