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Fortescue Metals Group Ltd

( ASX:FMG ) - Materials

News

Analyst Views

FMG – UBS rates the stock as Sell

March quarter production was affected by the weather but remained strong. Guidance has been revised down slightly at the upper end of the range, to 165-170mt. Realised pricing was better than UBS expected, reflecting the closing of discounts across the quarter and revised pricing terms.

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