22
Aug
09:54
FMG maintains optimistic outlook
Australia’s FMG says the outlook for iron ore in the financial year ending June 2017 is positive thanks to Chinese demand. Considering this claim is open to question, however, it wisely also notes that it is expanding its presence in other key markets, Kallanish notes.
The miner says in its annual report released Monday that Chinese domestic steel demand is “…ongoing” and that regional demand growth is being fuelled by the belt…
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Anonymous
Very good overview of the weekly steel market.
Anonymous