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Steel Industry Stocks

Steel Industry Stocks
Steel Industry Stocks

Industry-wide loss of the Chinese steel industry is still difficult to be iron ore pricing – Refractory Industry

China Steel Association statistics show that in October, the monthly loss of 71 large and medium steel mills amounted to 5.8 billion, which means that China’s steel industry, the first time in 6 years, monthly losses. With such a high price, allowing no escape route for China’s iron and steel industry won the international iron ore pricing it? In my opinion, this is a can not be honored, “blank check.” China’s steel industry if you do not come up with a complete set of strategies and tactics to, can not win and three international mining giant’s “Battle of iron ore,” the.  Read Clausewitz’s “On War”, you will understand the foreign iron ore “battle” to win three major principles: focus on iron and steel industry, all power to fight this “war”; concentrate a superior force against each other weak forces; prompt access to pre-emptive war.  We are a strategic level, Chinese steel mills are not ready. Basis for this conclusion are three: first, the three major Chinese steel mills and the negotiations between the mining giants, and in fact there was no fairness. We have the world’s largest iron and steel production, is the world’s largest iron ore buyers, but the other party has the world’s seaborne iron ore trade 70% of the resources. As long as China steel mills opened the stove, to make money out of supplies to the other side can “force the emperor to abdicate.”  Second, China and negotiations between the three mining giants can not really achieve “win-win.” Iron ore prices from Started to rise in early 2003, when domestic prices are generally 66% Powdered Iron less than 300 yuan / ton, while the Australian mining, Pakistan 65% fine ore mine in the agreement price of about 20 U.S. dollars, in January 2003 the country imported iron ore Shi average CIF 26 dollars, cash deposit, a long association mining prices were unchanged. After iron ore prices began to climb, to March 2008, Hebei 66% Powdered Iron prices break 1,700 yuan / ton in some areas reached 1,800 yuan / ton, five years prices have gone up 6 times. In the meantime, the International Iron ore giant has repeatedly Kukuxiangbi, After a long association mining prices have soared 65% 08 year agreement powder ore ore prices rose to 81.4 U.S. dollars Pakistan, Australia and mine rose to 94 U.S. dollars, because the sea costs rose, a long association mining CIF up to the 190 U.S. dollars.  International iron ore prices to buy up the Chinese people, of which the bubble is also China’s “blow” up. Iron ore prices have gone up 6 years, the Chinese steel mills still make a profit, is the money earned downstream industries. Steel surface with international mining giants “win-win”, in fact, at the expense of the cost of downstream industries in China in return. The results or China lost.  Third, China’s steel industry losses of the entire industry, and foreign rely on out of stock “to force the government,” this trick does not work. But as long as the Chinese steel mills to earnings, out of stock price increases despite a fatal move. This is why this year In September, the global financial crisis has become evident, the reasons for price increases Vale dare.  We might reflect, why did not the Chinese side the right to equal negotiations. The reason is that the largest buyer of iron ore is composed of thousands of small and large steel mills can not get with a high concentration of iron ore have the same rights dialogue. Second, the “win-win” is an illusion. Mining giant to get Above 300% profits, does not meet the market law of value. China imports iron ore from the total on an issue, China’s steel production and iron ore imports have to find a balance. Third, the current price of iron ore into a low, but it sure is to wait for each other, or seek to change the rules. So the Chinese have “second stove” to prepare, lay a new “war.”

L@tM for 06/08/2010 featuring BP and Steel Companies (X and NUE).

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ITT INDUSTRIES SY516300028400 STAINLESS STEEL HEAT EXCHANGER ,NEW, OLD STOCK


ITT INDUSTRIES SY516300028400 STAINLESS STEEL HEAT EXCHANGER ,NEW, OLD STOCK


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1.84 & 1.5 Intake & Exhaust Valves sb Chevy 305 5.0L sbc Stock Steel


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Breville BJE510XL Ikon 900-Watt Variable-Speed Juice Extractor


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The 900 watt, high-grade 5 speed motor features a built-in electronic smart chip that increases power to the cutting disc under heavy loads. As a result, the ¿lter extracts more juice and can make an 8 oz (250 ml) glass in just 5 seconds.

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Breville Juice Fountain Compact makes an 8 ounce glass of juice in just 5 seconds. High-powered professional juice extractor is up to ten times faster and 30 percent more efficient than traditional juicers. Sleek Breville 700-watt juicer compactly fits on countertops and its extra wide circular feed tube accommodates whole fruits and vegetables without any pre-cutting or peeling. The patented stab…

MARSHALLTOWN The Premier Line 742G Bucket Water Heater


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