Could the latest China trade data be a good sign for the Fortescue share price?

News Snapshot:

Could the latest China trade data be a good sign for the Fortescue share price? You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources , and more. Learn More The Fortescue Metals Group Ltd (ASX: FMG) share price has fallen slightly in the last year, but how will China’s steel demand impact iron ore sentiment? Fortescue shares have slid 4.36% in the last year. For perspective, the S&P/ASX 200 Materials Index (ASX: XMJ)...