Fortescue share price closes higher after China’s record iron ore imports — what to watch next
Fortescue shares closed up 0.35% at A$22.65 in Sydney on Wednesday, tracking record Chinese iron ore imports and steel exports in December. Analysts warn rising global supply could pressure prices in 2026. Investors await Fortescue’s December-quarter production report on Jan. 22. Iron ore futures were mixed in Dalian and Singapore.