Realtime Orderbuch Boulder Steel Australien, Sydney ASX - 500 Beiträge pro Seite (Seite 2)

[Sport-Dippi]

Ah doch jetzt. Seitenladefehler. Sorry.

[leika1]

Chinas Stahlindustrie ist in Schwierigkeiten
01. 02. 2013

Chinas Stahlindustrie hatte im vergangenen Jahr mit den größten Schwierigkeiten seit Jahrzehnten zu kämpfen. Die weltweite Konjunkturabschwächung führte zu einem Einbruch bei der Nachfrage, was wiederum zu Überkapazitäten und rasch sinkenden Preisen führte.

Chinas Stahlindustrie sei im vergangenen Jahr mit den größten Schwierigkeiten seit Jahrzehnten konfrontiert gewesen, da die globale Konjunkturabschwächung die Nachfrage gedämpft habe, erklärte ein Branchenverband am Donnerstag.

Chinas Rohstahlproduktion sei im Jahr 2012 um 3,1 Prozent auf 716,54 Millionen Tonnen gestiegen, ein Rückgang von 5,8 Prozent gegenüber dem Vorjahr, teilte die China Iron and Steel Association (CISA) in einer Presseerklärung mit.

Die CISA berichtete, dass die Gewinne ihrer Mitglieder gegenüber dem Vorjahr um 98,22 Prozent auf 1,58 Milliarden Yuan (187 Millionen Euro) eingebrochen seien.

Die Stahlindustrie habe sich im Jahr 2012 mit einer extrem schwierigen Situation konfrontiert gesehen, da eine Konjunkturabschwächung in China und dem Rest der Welt die Nachfrage habe sinken lassen und zu schwächelnden Stahlpreisen geführt habe, erklärte der Verband.

Laut dem Statistikamt wuchs Chinas BIP im vergangenen Jahr um 7,8 Prozent auf 51,93 Billionen Yuan (6,15 Billionen Euro). Dies ist die niedrigste Wachstumsrate seit 1999.

Die Verlangsamung des Wirtschaftswachstums habe sich negativ auf die Nachfrage seitens der nachgelagerten Industrien ausgewirkt, wie etwa den Eisenbahnbau, Grundstückserschließungen und die Schiffbaubranche, erklärte der Verband.

Unterdessen hat Chinas Stahlindustrie noch überschüssige Produktionskapazitäten, die dazu führen, dass die Stahlproduktion deutlich die Nachfrage übersteigt.

Dies habe zur Folge gehabt, dass die Stahlproduzenten heftig darum konkurrierten, ihre Ware abzusetzen, was wiederum zu einem Rückgang der Stahlpreise geführt habe, teilte der Verband mit.

"Die Stahlindustrie erlebte seit Anfang des Jahrhunderts ihre größten Schwierigkeiten", hieß es vonseiten des Verbandes.

Quelle: german.china.org.cn

http://german.china.org.cn/business/txt/2013-02/01/content_2…

[Sport-Dippi]

Schwächelnde Stahlpreise? Ist doch prima wenns dann jemanden gibt, der günstiger produzieren kann.

[leika1]

Antwort auf Beitrag Nr.: 44.091.905 von Sport-Dippi am 01.02.13 12:12:38

Hallo Sport-Dippi,
etwas Lesestoff für Dich zum Wochenende

.....Artikel ist aber schon zwei Jahre alt!

Australia's China Challenge

Derived from the growth of the Chinese economy, the speed of Chinese investment into Australia is predicated on productivity drivers that now face major difficulties

By Geoff Raby

Today, China's rise requires an equally expansive and bold vision if we are to continue to realize the potential of our economic complementarities. Australia's China challenge is to think big and long term about our relationship and what we can realize out of that relationship to the benefit of Australia.

China is today Australia's single biggest export market, having overtaken Japan in 2009. The important point about this is not only the size, but the fact that no country will again overtake China as our biggest export market unless China collapses.

As Australia's major export market, and therefore Australia's major foreign source of wealth and jobs, China greatly overshadows all others. The Chinese market alone is worth more to Australia than the markets of Australia's 3rd, 4th, 5th and 6th export markets – namely South Korea, India, the U.S. and the UK. Australia's exports to China last year were almost as big as Australia's exports to Japan and South Korea combined and more than three times greater than Australia's exports to India.

China's demand for Australian education and tourism services similarly greatly overshadows that of any other country. In the year to May, Chinese full-fee paying students accounted for just on 30 percent of all students, way ahead of the next biggest group which was not India, as you might expect from all the attention given to it, but Malaysia, which accounted for just 8 percent.

Tourism is a similar story with some half a million Chinese tourists visiting each year. China is the second biggest source by number, but is the biggest by how much people spend. So in terms of tourist revenue, China is the single biggest source.

Chinese direct foreign investment is growing as we all know very rapidly. While for historical reasons Chinese stock of foreign investment in Australia is still quite small, ranked about number 8, last year China was the third biggest in terms of flow. Over the past five years, more than 220 Chinese foreign investment projects have been approved by the FIRB, accounting for over AU$ 65 billion.

Apart from the big contribution this makes to Australia's living standards and government revenue, Chinese investment is also bringing into production new resources.

It is almost all Chinese investment that is developing the magnetite iron deposits of Western Australia – which previously had been ignored by the major miners – and the seam-coal gas in Queensland and potentially in NSW. So Australia's stock of exploitable resources has been expanded by Chinese foreign investment and the Chinese market.

Will it continue?

Of all the remarkable things China has achieved over the past thirty years of reform, it has not abolished the business cycle. We are at present in a tightening phase of the cycle as the government seeks to reduce inflationary pressures and let the air out of so many speculative bubbles. This is just one of a number of such cyclical adjustments over the past three decades. And already we're seeing official inflation numbers moderate and talk again of a possible easing of credit restrictions.

Running through these cyclical fluctuations, however, is a strong secular upward trend. China has at least five major drivers of continuing productivity growth, which will see, in the absence of some shock to the system, China's GDP quadrupling over the next 20 years.

In no particular order, the main five sources of sustained productivity growth are:

Rural to urban migration, which will continue apace. Over the next 20 years, some 300 million people will move out agriculture into urban areas. At present, just 50 percent of China's almost 1.4 billion people live in cities. China's urban population will rise to some 1 billion. As people move to cities, their productivity rises and for those left behind in agriculture their productivity also rises.

China arguably is still well inside the global productivity frontier. China has decades of catch-up ahead of it. China's automobile consumption is just 30 for every 1,000 people, compared with 600 per 1,000 in Europe and close to 1000 per 1000 in the U.S.

China has invested massively in transport infrastructure. Over the past decade, it has replicated Eisenhower America of the 1950s and covered the country in efficient six-lane highways. Its massive investment in very fast trains has been subject to a lot of criticism. China is still a country in which some 60 percent of all freight movements consist of one commodity, namely coal. It would seem that moving people off dual use lines to free capacity for freight would also make a big contribution to productivity growth.

By investing so heavily in transport infrastructure, China's government is knitting together a patchwork of regional economies. In doing so it is opening the possibility of China becoming for the first time in its long history a single integrated market, with all the possibilities of regional specialization according to comparative advantage. We hear little today of the dire warnings by foreign analysts of just a few years ago about China being rent apart by insurmountable regional inequality of income between the littoral and interior provinces.

One of my favorite trivial-pursuit, after-dinner questions is to ask when, where and by whom in all of China's three or more thousand of years of continuous history was the first bridge built across the Yangtze River. The answer usually surprises: in 1956, at Wuhan, by the Soviet Union.

Much is written these days about the graying of China's population. The concern is that China will become grey before it becomes wealthy. The worry is that China will get caught in a low-level equilibrium trap, like Japan but at much lower per capita income. By 2015, China's dependency ratio will begin to rise. This should be of concern. China will lose its demographic advantage, something that India will retain for many generations, along with the U.S. and even Australia so long as we can maintain a relatively open immigration policy. Offsetting this, however, is China's massive investment in education.

Again, the numbers are unprecedented. According to China's National Bureau of Statistics, in the decade to 2010 China nearly tripled the number of people with higher education from about 3 percent to almost 9 percent. Whether they can all find jobs is now a new and pressing challenge for the Government. But from the perspective of long run structural change, it is significant that those entering the workforce today are manifestly much better educated than those whom they are replacing.

The fifth major driver of productivity growth is something relatively new but something that may well prove to be decisive, as it was in Australia in the 1980s. China is in the process of internationalizing its currency, the Renminbi. Full currency convertibility is a long way off, and a freely floating currency is a different issue entirely – many currencies have been, like the Australian dollar until 1984, convertible but not floating. China is, however, making its currency more and more useable outside of the country. In the long tradition of China's reforms, it is doing this incrementally, piecemeal, by trial and error but the direction is set and will be continued.

To be sure, many substantial difficulties need to be addressed, including with the banking sector and regulatory arrangements. But the process has been put in train and it will haltingly and falteringly pull through reform and liberalization of China's capital account. To the extend the proceeds, the productivity gains from a more efficient allocation of capital between internal and external uses will contribute significantly to sustaining productivity growth over the next twenty years or more.

So notwithstanding immense challenges China faces, it is probably safest to base business or public policy on the assumption that in twenty years the Chinese economy will be at least four times bigger than it is today. It is only necessary to grow at annual average rate of 7.5 percent to double GDP in decade. Clearly that will happen this decade and most likely in the next as well. Over the past 33 years of reform and open door policies, China has maintained an annual average growth rate of just on 10 percent.

The downside risks to China's quadrupling its GDP over the next twenty years are obviously both political and environmental. As a one-party authoritarian state, the possibility of some deep shock to the political institutions is real. The difficulty is to assign a probability to it. Anyone can say there is a risk, as indeed there is. But the key analytical question is what probability would one give it?

In the 1980s, many analysts and commentators, year after year, would say that China's reforms would end in tears. When Tiananmen happened in June 1989, many said they had been proved correct. That China's depressing historical cycles had again re-imposed themselves on its modern experience. I'm pleased to note that the Australian Embassy at the time, through a speech given by the Ambassador David Sadleir in Hong Kong, was the first to say that the shocking events of that year would have no impact on China's reform and opening policies.

From where I sit in Beijing, and having been there during some of the events like June 4, all I can say is that while the possibility of another existential crisis obviously is there, one would have to assign a very low probability to it.

On the environment, this is real and serious. One is encouraged that the Chinese government is also concerned and the current 12th Five-Year Plan has strong policies to address environmental issues. China is investing massively in green energy, renewables and nuclear, and in green cars and so on. But one insurmountable fact remains: China is currently about 68 percent dependent on coal. China has the world's largest coal reserves, it is the world's biggest coal producer and consumer. Transport constraints notwithstanding, for China coal is the most readily available and hence cheapest source of energy.

On all the most optimist forecasts for uptake of renewables, nuclear, energy conservation, China will still be at least 60 percent dependent on coal as the main source of primary energy in 20 years. So how sustainable will the Chinese economy be, when it is four times bigger than it is today, and still at least 60 percent dependent on coal?

An efficient answer to clean coal technology will need to be found. Meanwhile, clean natural gas from a variety of sources – which Australia will increasingly supply – will become and ever important component of China's energy mix.

So there are downside risks, and more than what I've just mentioned. None, however, convinces me that in just twenty years the Chinese economy will not be at least four times the size it is today.


China's growth challenges Australia in one very important way. And that is China's scale and hence capacity to think big and act long term.

Some examples suggest the possibilities for Australia, but there must be many more.

In the steel sector, we have vast deposits of iron ore and metallurgical coal. The problem has been that they have been on the opposite sides of the country and with our high internal transport costs have been uneconomical to combine and produce steel in commercially viable quantities.

China's steel production is now over 700 million tons, almost double what is was when I first went to China as Ambassador. Soon China will have a steel sector of close to 1 billion tons per annum. The world has never seen anything on this scale before and, of course, Australia will continue to be a major source of iron ore and coking coal. At the same time China's wages and costs rising rapidly, especially in the eastern seaboard provinces where much of China's new steel making capacity has been relocated.

The challenge then for Australia is how do we make ourselves an integral part of the plans to restructure the Chinese steel industry? This is a historic opportunity for Australia to add value to Australia's resources.

It is conceivable, if not at present obviously commercially viable, for early stage steel processing of slabs and billets to be done in Australia. I know at least one major Chinese company that would invest in a 10 million ton steel mill in Australia to process early stage product for export to other Asian markets for further processing if it could use Chinese skilled labor for the construction stage of the project.

Another significant area for the future is in agriculture. China's per capita income in nominal terms has now passed US$ 4,500 and in purchasing power parity terms it is much higher again. At these levels of per capita income the demand for protein increases exponentially. This will come from animals, mainly beef.

The Trade Minister, Craig Emerson, spoke about this as a great opportunity for Australia. He made the important point that China will need to get its protein from somewhere. Australia has an enormous commercial opportunity but also an ethical responsibility, in view of Australia's large land mass and small population, to help China meet its growing need for protein.

Chinese investment to supply Chinese markets will increase the total capacity of the Australian agricultural sector. And areas that today are not profitable to bring into production because of high capital costs could well become attractive to Chinese investment.

We can throw many other ideas on the table. It would seem that China could be invited to invest in building a city in the Pilbra. Water in northwestern Australia is not a problem. We can use it for agriculture but also to build new cities in Australia. With Chinese demand and capital there is no need to think of the eastern seaboard as the main areas of future development. Karatha I'm told is one of the busiest airports in the county. People should have the chance to live in that area as well as work there.

China is frustrated at what it sees as Australia's poor infrastructure, especially ports and rails for bulk commodities. It would be keen to invest heavily in these areas if that expanded the supply of product going to the Chinese market.

Obviously, a key constraint on these ideas is the question of labor. It is not so much an issue of labor costs, as these projects tend to be very capital intensive. Rather it is an inadequate supply of necessary skills. Opening wider Australia's skilled short-term migration scheme, especially for large-scale projects, would likely increase the demand for Australian workers, especially in service industries.

The challenge for Australia in China's growth over the next twenty years is not to stand back from it, or try to pretend it is not happening or will go away, or seek to build closer relations with smaller weaker states. It is to recognize the reality of it and the vast implications it holds for Australia, possibly more so than for any other country, and to imagine how we can use it to strengthen Australia and increase its prosperity.

Dr. Geoff Raby is an executive director at Riverstone Advisory Pty Ltd and the former Australian Ambassador to China

http://english.caixin.com/2011-12-02/100333945.html

[leika1]

Antwort auf Beitrag Nr.: 44.091.905 von Sport-Dippi am 01.02.13 12:12:38

http://www.moneycontrol.com/news/world-news/chinas-steel-mil…

[verita]

Antwort auf Beitrag Nr.: 44.092.192 von leika1 am 01.02.13 12:59:06

Current Articles | Archives | Search
Adjournment Debate – House of Representatives: Vision in Flynn 14/02/2013
Posted on Thursday, 14 February 2013



http://www.kenodowd.com.au/LatestNews/Speeches/tabid/75/arti…

[leika1]

Wer kauft an einem sonnigen Frühlingsmorgen 400.000 Stück Boulder Steel ????
Spielt der Käüfer (ALLES ODER NICHTS) ????

[Mister_XY]

Antwort auf Beitrag Nr.: 44.638.519 von leika1 am 15.05.13 10:04:05

Immer wieder schön die alten Postings zu lesen .

Vermutlich hat sich der Käufer verzockt ... also NICHTS !!!

Aber da dies ja der Fakten-Thread zu Boulder ist, schau ich mal, ob ich einen Beitrag zum Thema Stahl, Australien, China, Weltwirtschaft, Eisenbahn in Saudi-Arabien, etc. ... finde

[Mister_XY]

upps ... ist ja gar nicht so schwer.

Andere "Stahlkonzerne" haben auch Probleme (allerdings haben die auch schon Werke ):

http://boerse.ard.de/aktien/haengepartie-bei-thyssenkrupp-ge…

[PP1972]

hallo Mister,
aus Deinem Beitrag von Thyssen Krupp, hört sich doch gut an:

Hauptursache für das Abrutschen in die roten Zahlen ist das desaströse Engagement in Übersee, bei dem sich der Konzern verhoben hat.
Die Stahlwerke in Brasilien und den USA stehen deshalb schon länger auf der Verkaufsliste von Konzernchef Heinrich Hiesinger und halten die Thyssen-Manager und die Börse auf Trab.Hinzu kommt, dass auch das Geschäft in Europa schwächelt
"Die Tatsache, dass der Konzern seine Stahlwerke in Übersee noch immer nicht los ist, bleibt das große Problem", kommentierte ein Händler den Kursrutsch.

Denen könnte man doch Boulder anbieten, das fällt doch dann in den Milliardenverlusten gar nicht mehr auf und würde sich doch als neue Investorensuchmeldung bei Boulder gut machen