Iron ore major remains bullish on Chinese demand

Fortescue Metals Group does not see any signs of a pullback in Chinese iron ore demand, as the price surged to five-and-a-half-year highs this week.

FMG CEO Elizabeth Gaines speaking at the WA Mining Club

The MySteel 62% Australian iron ore fines price is up 75% so far this year, reaching a high of US$127.15 per tonne on Wednesday night.

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