China's bad news might be good for Fortescue and iron ore - The Australian Financial Review

The impact on the global economy from China’s lockdowns looks bleak. But Fortescue boss Elizabeth Gaines sees iron ore demand holding up.

Despite the lockdowns, steel mill production actually lifted in the March quarter to an annualised production rate back around 1 billion tonnes. Thats helped keep iron ore prices steady at about $US… [+3148 chars]

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