c**i
发帖数: 6973 | 1 My comment: My posting has documented steel CONSUMPTION in China decreased
precipitously due to weak construction and car making, which in turn reduced
steel production. The ripple effects: (imported) coal piling up in China
harbor and iron ore owners in Brasil (Australia maybe next) cut output to
avert ore price falling like petroleum.
Tim Boreham, Vale set to slash iron ore output. The Ayustralian, Nov. 3,
2008 (available today).
http://www.theaustralian.news.com.au/stor/0,,24591172-643,00.htm | c**i
发帖数: 6973 | 2 Jeff Dyer, Output cuts spark China economy fears. Financial Times, Oct. 30,
2008.
http://www.ft.com/cms/s/0/e1984ba8-a620-11dd-9d26-000077b07658.html
A quote:
"Aluminium Corporation of China [Chinalco], the country's biggest producer,
said last week it would cut production by 18 per cent and a senior executive
was quoted in local media on Monday saying further cutbacks were possible.
"Jinchuan, China's biggest nickel producer, said on Tuesday it was cutting
its production target for this year by
【在 c**i 的大作中提到】
: My comment: My posting has documented steel CONSUMPTION in China decreased
: precipitously due to weak construction and car making, which in turn reduced
: steel production. The ripple effects: (imported) coal piling up in China
: harbor and iron ore owners in Brasil (Australia maybe next) cut output to
: avert ore price falling like petroleum.
: Tim Boreham, Vale set to slash iron ore output. The Ayustralian, Nov. 3,
: 2008 (available today).
: http://www.theaustralian.news.com.au/stor/0,,24591172-643,00.htm
| c**i
发帖数: 6973 | 3 Previous reports in Financial Times were about China cutting production of
steel, aluminum, nickel and copper. Today's is about tin.
Javier Blas and Patti Waldmeir, Production cuts support commodities.
Financial Times, Nov. 4, 2008.
http://www.ft.com/cms/s/0/b6644f8a-aa63-11dd-897c-000077b07658.html
Quote:
"Yunnan Tin, China’s top producer of the metal used in soldering, said it
would cut output by about 30 percent in the fourth quarter compared with its
original plan, due to weak demand and fal |
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