FMG 0.87% $17.10 fortescue metals group ltd

The good thing about Pilbara iron ore and most particularly FMGs...

  1. 603 Posts.
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    The good thing about Pilbara iron ore and most particularly FMGs ore is that it is a low grade sinter.
    This means that they perform well when the price is low because the steel mills want cheap ore and perform well when the price is high because well…. China and others will still buy when the demand is so high.
    FMG can’t lose because they are the lowest or near to, cost producer.
    Iron Ore price is only half of the equation.
 
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Last
$17.10
Change
-0.150(0.87%)
Mkt cap ! $52.65B
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$17.25 $17.55 $16.98 $142.0M 8.268M

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2 1030 $17.09
 

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$17.10 5389 2
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Last trade - 16.10pm 03/12/2021 (20 minute delay) ?
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$17.12
  Change
-0.150 ( 0.79 %)
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$17.32 $17.55 $16.99 1439334
Last updated 15.59pm 03/12/2021 (live) ?
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