Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login
Turk
Platinum Member

4877 Messages

Just read: (1) As of this moment, South African Chromite producers have stopped supplying :-) to the Chinese because prices, it seems, are not good enough (2) European bench mark prices for FeCr has been set at 50% higher than 2016 at USD 1.65 / lb (3) Ernst and Young is expecting 20% CAGR in US Stainless Steel consumption over the next five years :-) thanks to 1 trillion fiscal expansion by President Trump. (4) In conclusion; EPS expansion over the whole of 2017 is assured via the European Benchmark, lekin ultimately, yeh FeCr prices kidhar pahunchega bhai? Could the production increase across the world, be able to reduce the European Benchmark next year? Or will Trump, Abe, Draghi, Xi and Modi combo of fiscal expansionists hit sixers with the prices?

12.04 PM Feb 13th
I agree to the M3 code of conduct

Replies (0)

Turk
Turk Platinum Member

4877 Messages

Following

Stock7

Boarder 47

1591
Followers
Platinum Member

4877 Messages

Yes, I wouldn`t either. 2008 benchmark it is!!! However, one or two step at a time only. Else we could run into ignoring Zimbabwe and Glencore production issues and perhaps lesser Govt spending in China. Therefore, June 30th and 31st Dec are my target dates for the year. In these 5-11 month periods, all one needs to beat is 70-80 cents / lb to get an EPS growth, and a pretty sizable one at that. We are getting that hands down, in spite of other variables getting costlier (energy / coal, metcoke, transportation etc.). Let`s enjoy. Market doesn`t really know of "the extent" of these potentials as yet.

2.40 PM Feb 13th

Why is the message offensive? Please click on the reason below to notify the moderating team. Marking good messages offensive will put you on the moderating team`s radar.

Repost this message

Yes, I wouldn`t either. 2008 benchmark it is!!! However, one or two step at a time only. Else we could run into ignoring Zimbabwe and Glencore production issues and perhaps lesser Govt spending in China. Therefore, June 30th and 31st Dec ar... 

Thank you for reposting this message.

Guest

Turk, do not forget Putin and improving income of oil producing countries. FeCr is not iron ore! It`s very strategic raw material with very controlled production. Expect pack of sixers!! Due to consolidation in SA, now situation is totally different...I will not be surprided to see price crossing 2008 in strongly sustainable way.

12.28 PM Feb 13th | Posted via Mobile

Why is the message offensive? Please click on the reason below to notify the moderating team. Marking good messages offensive will put you on the moderating team`s radar.

Repost this message

Turk, do not forget Putin and improving income of oil producing countries. FeCr is not iron ore! It`s very strategic raw material with very controlled production. Expect pack of sixers!! Due to consolidation in SA, now situation is totally ... 

Thank you for reposting this message.

Ok

Get your own permanent - nickname

Choose your nickname

or

Use your userid as your nickname

Your permanent Nickname can be distinct from your username and no one need know the link between the two.

Sections
Follow us on
Available On