Fortescue Ltd Stock (ASX:FMG) on 26 December 2025: Latest News, Iron Ore Outlook, Analyst Forecasts and 2026 Watchlist
Fortescue shares last traded at A$22.29 before the ASX closed for Boxing Day on December 26. China announced it will maintain steel output controls through 2030, with crude steel production down 4% year-on-year and possibly below 1 billion tonnes for 2025. Benchmark iron ore prices hovered near US$106.94/tonne as of December 24.