Pilbara killer takes big bite out of Fortescue
It has taken a while, but the Pilbara killer is now taking a machete to the Pilbara. FMG’s Sep QTR release yesterday was ugly. Realised prices is the lowest in four years. AS sub-benchmark ore discounts have ripped higher to 18%, the highest in six years. This is pretty striking given FMG also pulled roughly The post Pilbara killer takes big bite out of Fortescue appeared first on MacroBusiness .
We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.
