China Armco Metals auf Wachstum eingestellt
China's Manufacturing Sector Sees Slight Recovery
Source: SBB Daily Briefing Scrap & Raw Materials Edition - 2012-01-04
China's manufacturing sector recovered slightly in December as companies lifted purchases ahead of Chinese New Year, two surveys show. The headline manufacturing purchasing managers’ index (PMI), compiled by China's National Bureau of Statistics (NBS), rose by 1.3 points to reach 50.3 in December after falling to 49 in November, the lowest figure since March 2009.
NBS analyst for the PMI, Zhang Liqun, noted that China’s economic growth was unlikely to experience a sharp decline in 2012 as market fundamentals remain relatively sound. This is despite declining exports because of softer demand for Chinese goods in the US and Europe, and lower fixed asset investment, Steel Business Briefing understands.
However, HSBC's monthly PMI was less positive, showing that Chinese manufacturing continues to contract overall despite a slight improvement in December. HSBC reported a PMI of 48.7 in December, compared with 47.7 the previous month. The HSBC PMI is typically slightly lower than the official one, SBB notes.
Analysis of the NBS PMI shows the major contributors to the December recovery were new export orders, and higher production and inventories. In December, new domestic orders recovered by 2 points to 49.8, though ten of the 20 industrial sectors, including steel and non-ferrous mining and fabrication, were below 50.
Production grew overall by 2.5 points from November to 53.4, while new exports increased to 48.6 from 45.6 in November. The country’s sub-index for finished manufacturing goods inventories fell by 2.5 to 50.6 while the steel industry was at 50.
http://www.armcometals.com/News/...0Sector%20Sees%20Slight%20Recovery
........das ich das noch erleben darf..............
SAN MATEO, Calif. , Jan. 5, 2012 /PRNewswire/ -- China Armco Metals, Inc. (AMEX:CNAM - News) ("China Armco" or the "Company"), a distributor of imported metal ore and metal recycler with a new state of the art scrap metal recycling facility in China , today provided an update on its trading business.
By December 31, 2011 , China Armco had secured and shipped three orders to deliver chrome ore to trading firms serving iron and steel producers in China . The orders included a combined volume of 24,000 tons with an aggregate value of approximately $3.89 million . 2 additional shipments of a combined volume of 8,000 tons with an aggregate value of approximately $1.72 million are to be delivered by the end of the first quarter of 2012.
Commenting on the company's performance, Mr. Kexuan Yao, Chairman and CEO of China Armco stated "While China's economy is experiencing many challenges in a variety of sectors, we are working hard to adjust our operations and to reallocate our resources in response to this changing environment. As a result of our management team's efforts, we are pleased to be seeing a steady progress in our trading business. With iron ore price stabilizing to a certain degree in the fourth quarter of 2011, we are cautiously optimistic about the strengthening of our businesses as China 's economic conditions improve and its monetary policies are relaxed. Capitalizing on our more than 10 years of experience, our growing brand name excellence in the industry and strong relationships with over 150 customers in China , we remain well positioned to benefit from the long-term growth associated with the Chinese steel industry."
http://finance.yahoo.com/news/...tes-prnews-2864018486.html?x=0
Goodbye 2011, and Welcome to the Hopeful 2012
On January 4th and 5th, China Armco Metals, Inc.’s employees all went to Lianyungang subsidiary to attend “China Armco 2011 Year-End Meeting”. During the meeting, the general managers of each subsidiary presented their annual review.
Mr. Kexuan Yao, the CEO of the company mentioned in his presentation, ”2011 was the most meaningful year for China Armco. While the world economy shocked sharply in the past year, Lianyungang renewable resource project was up and running and realized sales. Looking back to the work done in the past year, we have made some progresses and established strong foundation for future development. Meanwhile, we also found many problems and shortness. Therefore, we should still improve our operation management and strive to do the best.” He also emphasized that China Armco’s corporate culture is “everything are decided by policy, data, and performance”. “Conscientious, creative, commitment to excellence” is our enterprise spirit.
For 2012, Mr. Yao indicated that the performance of a company is highly related to the following five criteria.
1. Company’s profitability;
2. Company’s working capital;
3. Company’s system capacity-building and execution;
4. Company’s employee quality;
5. Company’s special qualification for business operation.
We need to continuingly enhance our business model, company’s qualification and financial capability, build up company’s management system, and reinforce human resource system and corporate culture.
Mr. Yao said, “I hope every Armco employee can work hard and take initiative to help the company develop and make your own life more meaningful. The new year has already begun and the new objective was determined. I hope that every employee can work hard toward your specific goal and make the company accomplish our mutual goal. Let us grow up together.”
At 6 p.m. on January 5th, 2012, China Armco’s all employees joined “China Armco 2011 Annual Meeting and Outstanding Employee Commendation Meeting”. The evening party was hosted by the general manager of Henan subsidiary, Mr. Xiaohua Wu.
Mr. Yao was invited to give the New Year greeting and announce the beginning of the evening party. He said, “We are about to say goodbye to 2011. Let us welcome the hopeful 2012 and grow up together with China Armco.”
In the evening party, Mr. Yao presented the awards to 12 Annual Outstanding Employees in person and thanked to their contribution to the company.
http://www.armcometals.com/News/Goodbye%202011%20and%20Welcome%20to%20the%20Hopeful%202012
China Armco Metals: News Around the Industry
US Steel Import Permits Rise 21% in January 2012
Source: Washington DC (Scrap Monster) - 2012-02-03
US Steel import permit applications for the month of July rose 21% to 2,691,000 net tons as against 2, 230,000 permit tons in December, according to the American Iron and Steel Institute (AISI).
AISI basing its report on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, said the January figures are 35% higher than the December preliminary imports total of 1,997,000 net tons.
mport permit tonnage for finished steel in January was 2,103,000 NT, up 39% from the preliminary imports total of 1,510,000 NT in December. January 2012 total and finished steel import permit tons would annualize at 32,295,000 NT and 25,232,000 NT, up 14% and 16%, respectively, vs. the 28,448,000 NT and 21,871,000 NT imported in 2011. The estimated finished steel import market share in January was 23%.
In January, the largest finished steel import permit applications for offshore countries were for Korea (358,000 NT, up 78% from December), Turkey (184,000 NT, up 179%), Japan (150,000 NT, up 45%), Germany (105,000 NT, up 25%) and China (95,000 NT, up 10%).
Finished steel import permits for products that registered large increases in January vs. the December preliminary include reinforcing bar (up 214%), heavy structural shapes (up 177%), cold rolled sheets (up 69%), cut length plates (up 68%), line pipe (up 64%), oil country goods (up 44%), standard pipe (up 43%) and sheets and strip all other metallic coated (up 34%).
“The January import numbers are another reminder that we need to be vigilant about the possibility of surges of unfairly trade steel to the United States this year, in the context of a still-fragile economic and steel market recovery,” Thomas J. Gibson, AISI president and CEO, said in commenting on the January 2012 SIMA data.
http://www.armcometals.com/News/...e%2021%20in%20January%202012
Brazilian Pig Iron Prices Stable on Low Asian Demand
Source: SBB Daily Briefing Scarp & Raw Materials Edition - 2012-02-16
Pig iron prices in the northern Brazilian state of Pará are stable at US$480-485/tonne, but producers expect higher prices and greater demand in coming months, Steel Business Briefing learns from iron making group Sindiferpa.
Meanwhile, charcoal producers' group Sindicarv says pig iron prices in mid-west Mato Grosso do Sul state and south-east Minas Gerais state are below the northern average at US$443/t, with the group expecting prices to increase in the short term.
"The price of pig iron is a little bit weak this month, but the forecast is for an increase in price and production soon," Sindicarv says.
Was ist denn mit denen los............die können ja doch richtig Geschäfte machen..................wer hätte das gedacht
Ende März dann endlich vielleicht mal gute Zahlen und einen guten Ausblick - bei steigenden Preisen............
Na ja --------wollen wir mal die Daumen drücken. Heute geht es wohl sehr steil in den USA nach oben - jetzt schon + 27% und das wird wohl mehr
SAN MATEO, Calif., Feb. 17, 2012 /PRNewswire via COMTEX/ -- China Armco Metals, Inc. CNAM
+21.38%
("China Armco" or the "Company"), a distributor of imported metal ore and metal recycler with a new state-of-the-art scrap metal recycling facility in China, today provided an update on its trading business.
By February 17, 2012, China Armco had completed the shipment of 160,000 metric tons of iron ore. The shipment of iron purchased from Brazil with a purchase contract value of approximately $17 million has already been sold to our customers in PRC upon favorable terms, representing an auspicious start for 2012. Commenting on this order, Kexuan Yao, Chairman and CEO of China Armco, stated "Capitalizing on our more than 10 years of successful experience working with more than 150 customers in China, our ability to assist our business partners in achieving their goals and satisfying their needs is founded securely upon our distribution channels and growing reputation of excellence in service and reliability."
http://www.marketwatch.com/story/...ric-ton-iron-ore-order-2012-02-17
auf Nachfrage hin - zum Ende des Monats............mal schauen was für ein Grauen mich dieses mal wieder erwartet
Bestimmt nichts Gutes.............
but you never mind..........................
Ich denke nicht das es so negativ wird. Ich kann Dir zwar auch keine Fakten geben, da man sich bei dem Wert wirklich schwer tut, aber mein Gefühl sagt mir, dass da doch noch eine schöne Steigerung drin ist.
Kopf hoch
Für den Fall, dass Du es noch nicht gesehen hast.
http://www.youtube.com/watch?v=T4RaVV26IvA
Nachdem nun alle das Thema stagnation in China durch haben, sollte die negative Einstellung raus sein denke ich.
Wir lassen uns am 31.03. überraschen.
viel Statements und Informationen erhält man ja leider nicht - nur immer wieder wundervolle Ausblicke und Durchhalteparolen.
Nun ja - lassen wir uns überraschen -
The conference call will take place at 5:00 p.m. ET on Friday, March 30, 2012. To attend the call, please use the dial-in information below. When prompted, ask for the "China Armco Metals call" and/or be prepared to provide the conference ID.
Conference Call
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Date:
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Friday , March 30, 2012
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Time:
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5:00 p.m. Eastern Time, US
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Conference Line Dial-In (U.S.):
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1-877- 407- 9210
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International Dial-In:
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1- 201-689-8049
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Conference ID# 391506:
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2011 4th Quarter and Year End Financial Results Call
Wollen wir hoffen, dass alle es so sehen und nie wieder so günstig an diese Papiere kommen werden.
"General Steel Holdings Inc, one of China's leading non-state owned producers of steel products and aggregators of domestic steel companies, announced that the company's board of directors has approved a new share repurchase program.
"
http://www.steelguru.com/chinese_news/...purchase_program/256414.html
"Commercial Metals".
(Reuters) - Commercial Metals' (NYS:CMC - News) quarterly profit beat analysts' expectations for the fourth time in a row on strong sales, and the metal recycler said it expects scrap prices to remain relatively stable in the current quarter.
http://finance.yahoo.com/news/...s-profit-beats-street-152511589.html
und fallende Kurse - eigentlich wie immer ------------nur in der Vergangenheit zog vor den Zahlen das Volumen an - dieses mal nicht --------------
da glauben wohl nur wenige an etwas Gutes......................but you never mind - hoffen wir das Beste
Zahlen kommen erst heute abend und dafür sind + 6,02% nicht so schlecht.
ein frühes Ostergeschenk - warum denn nicht mal umgekehrt - heißt - wenig Volumen und ein starker Endspurt 2011 # toller 2012 Ausblick.............
Ich bin hier wohl der Ewige Optimist.................................................................
but you never mind....................
kurz - die bekommen Ihre Kosten einfach nicht in den Griff....................so wird das leider nix..............
loss $0.10 per share
RTTNews.com) - China Armco Metals Inc. (CNAM) Friday reported fourth-quarter net loss of $1.51 million or $0.10 per share, compared to $1.6 million or $0.11 per share last year.
Sales for the quarter declined 61 percent to $9.46 million from $24.5 million last year, due mainly to the sharp price changes and market uncertainty. Gross margin, or percentage of sales left after deducting production cost, increased to 5.5 percent from 3.1 percent last year.
http://www.nasdaq.com/article/china-armco-metals-q4-loss-narrows-20120330-01190
Klar, in der aktuellen Marktlage müssen die, für meinen Geschmack etwas übertriebenen, Zukäufe in der Vergangenheit bei nicht Auslastung unterhalten werden, aber hey, steigende Nachfreage und das Abstßen der ein oder anderen Fehlinvestition und schon geht es in diesem Jahr bergauf.
Ich denke sie sind für das laufende jahr gut aufgestellt und können auf alle Eventualitäten reagieren.
Kopf hoch und Kurs auch.
und für die nächsten 6 Monate 0,89 USD
http://www.stoxline.com/quote.php?symbol=CNAM
das wäre ja schön --------------- soweit alles auf grün gestellt - vielleicht schaffen Sie ja endlich..................
but you never mind.........................