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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (53475)8/12/2009 6:39:49 AM
From: TobagoJack  Respond to of 218833
 
does not seem so much as china needs to (i) build to catch up on 600 years of pentup demand, and (ii) supply the world

all requiring steel

the mathematical equation of china demand push and pull is unforgiving



To: energyplay who wrote (53475)8/12/2009 6:55:22 PM
From: RJA_2 Recommendations  Read Replies (2) | Respond to of 218833
 
>>Why is China buying so much iron ore

This IMHO is part of their flight to hard assets.

A way to put depreciating USD to work as solid investment.

Certainly over time they will use the stuff in their production engine.



To: energyplay who wrote (53475)8/13/2009 12:31:45 PM
From: elmatador  Respond to of 218833
 
China keeps moving USD around like mad.
Message 25861353

Therefore Lula's idea of trade in BRL and RMB makes sense