Ni, Co, Cu, PGM, Au Properties in Ontario Canada

Producing Mines and "state-of-the-art" Mill

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Message: Question for Sarock and the board?

Question for Sarock and the board?

posted on Aug 24, 2008 07:27AM

Sarock, you said that you work at a manufacturing plant that uses stainless steel. You also said in Jun that you had depleted your inventory. How has wharehousing changed for your company in terms of amounts of stainless steel you store? Do you buy on quantity or do you buy for turnaround time?

In terms of the drop in Ni prices, news this week talked about the drop in Stainless Steel retail prices. Are these drops significant?

In terms of LME storage level - how long will it take to see the result of for example the Falcondo shut down for maintenance. If it is uneconcomic for pig iron producers - how long will they sustain output or will they shut down for maintenance too?



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