Hi George,
There's an old saying "make the hay while the sun shines" and that rings particularly true while the Chinese steel miracle lasts.The OBOR
Initiative takes Chinese steel demand outside its own borders and adequately compensates for the US steel tariffs, IMO. The question is: 'Is OBOR
economically viable? The 10 Chinese industries featured in " Made in China 2025" program relies more on new age metals and hi-tech rather than on steel and presupposes that China, like Japan & Korea, will aim at maximum local added value products rather than sheer tonnages.
IMO, Bruce, Owen or Paul will not have 10 year + investment windows because of their advanced ages and they too will want to see shorter term returns. IMO, they are averaged-in at somewhere between 10c & 16c.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $39.20M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| TIG (ASX) Chart |
Day chart unavailable