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When will the Iron Ore bubble burst?

When will the Iron Ore bubble burst?

  • 2010

    Votes: 3 12.5%

  • 2011

    Votes: 1 4.2%

  • 2012

    Votes: 1 4.2%

  • 2013

    Votes: 4 16.7%

  • 2014+

    Votes: 15 62.5%
  • Total voters
    24
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It's a very large population in China and they do make some quality products but I'm sure their product target range is large volume low end products otherwise you start to compete with Western world prices.

Surely they have learned from Japan and the past of Taiwan's production of cheap goods other than electrical components. If you price yourself out of the market where are you going to be in 10 years time.
How sustainable would the manufacturing of top tier products be for them?

At this stage in time, I think they need our exports just as much as we need their cheap Chinese appliances, I think their business model is to stay cheap and that's why they want cheap minerals. Russians aren't going to buy their manufactured goods in large proportions, so it's going to fall back onto Western world consumption.
 
You will not like this @TimeISmoney
It is really great for China that most of the west still thinks like that.
Getting fxxed and asking for more with a superiority arrogance
Just what ?3 decades behind?
And coolies working in the rice fields with conical hats?
Why does 95% of what you find in your Australian shops come from China, including computers, tvs, but also ropes, nails, fertilisers and pesticides, your medecine and antibiotics whatever.
But just cheap garbage products we can do without?
We are absolutely screwed but we are in control ? with our so rare IO.....
Time for a reset of minds and attitude here
 
We might see the outcome of this within the next 12 months i think.
Let's see
Sold fmg for a minute profit today
September is a cash month for me
 
We differ but some good points there, where does it fits with io?
 
the Russians ( when rich enough ) were buying the very best before the sanctions ramped up

between ultra-wealthy Indians , Chinese ( residents ) and Russians ( not to mention the Iranians ) there should be enough customers .. and no US dollars needed , so maybe more convenient than cheap

i noticed a video where Samsung thought they could replace China with Vietnam , as a supplier/manufacturer , and sure things were cheaper on paper , but not in volume needed and what could be delivered reliably

now China may become a less reliable supplier for various reasons ( sanctions and export bans ) but they still have a population base , and are ramping up nuclear power plants ( so can increase 'climate change credentials ' , effectively weaponizing climate policies the West tried to impose )

remember a China not buying/selling in US dollars ( or euros ) is suddenly competitive in certain developing nations ( a whole new customer base ) imagine Djibouti as a more modern city than San Francisco , because it deals in yuan and rupees ( and swapped directly to Chinese-made nuclear power-plants and Chinese electric vehicles and batteries )
 
Where does their drinking water come from, and where does their food come from? They don't even trust their own baby formula.

Australia has everything to survive on its own, it's just established Australians all want top $$ for doing easy jobs and that is why they need migrants to do all the low paying and dirty jobs. We can manufacture here it's just the cost goes up, like I said before we need them just as much as they need us. They want to grow wealth by manufacturing and we want cheaper goods to spread our income, two different countries in 2 different economic phases.

How did we survive all those other years buying manufactured products from other countries?

qldfrog said:
We differ but some good points there, where does it fits with io?
Click to expand...

They're going to keep on buying IO from us.

The whole world economies are shrinking, you can't expect China to continue buying at top prices and IO is still profitable for many Aussie miners at the lower cost, it's just another cycle. IO is still profitable for major miners down past $80 and it's nowhere near that now.
 
 
*** Two RAAF F-35A Lightning stealth fighters ***

ROFLMAO

check the maximum air speed , but at least we didn't buy the carrier version

the only 'fast ' bit is the way money disappears into them

and YES Australia is liable to make Germany look rational and sensible

( and i ain't talking about recent gold mining decisions )
 
Well, China didn’t stop buying from us in all the other years the Stealth bombers have come here.

The Media alive to beat things up, But the USA and Australia have been conducting Training exercises together for decades, and USA Military of all sorts is regularly moving in and out of Australia.
 
qldfrog said:
Investors but not traders
They UK, USA buy our farms lands and mines..
$300m northern farms bought this week by a Mormon church.
With friends like this....
Click to expand...
And we buy stuff around the world too, every Thursday I buy more Of the USA, UK, China, Japan, Korea, France, Germany etc etc
 
Interesting few years ahead for iron ore when low grades can be used in this technology.
A game changer, not for the better for Aus if China starts using it's own plentiful supply of low grade.

China's new iron making method boosts productivity by 3,600 times

The new iron making method, developed by Chinese researchers, is both faster and more cost-effective, while also benefiting the environment.
interestingengineering.com
 
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