GLG News by Steel Experts

George DorkhomExecutive ChairmanGREENKOTE PLC

Bailout the automakers ..no way

November 24, 2008

Analysis of:‘Peak-oil’ doomsayers catch Wall St.’s attention | www.iht.com

The problem with Detroit is arrogance and know it all..for years now the leadership at Detroit three auto makers insisted on not briniging new and fresh blood from the outside..you do not the autombile industry , you are no good. Yet there are  tremendous talents out there that can can help bring about new ideas and approaches for automaking.Except for A. Mullaly and by accident Nardelli..look at who is running Detroit...they keep producing  ineffecient cars ,not to the liking of the current generation of Americans and for that matter the global markets, and un-negotiated labor contracts that are unbelievably expensive and putting the US automakers at a $2000 disavantage  per car than the competition, yet they come to DC and say they employ 3.0 people, they pay health care to current employees and retirees...and I ..I.. I.. and you owe. No the tax payer does not owe you and you should run your business as most companies do and let the free market forces decide...Detroit needs a revamp

Jeff MoserPresidentWest Branch LLC

Petrochem Giants in Crisis Mode

November 20, 2008

Analysis of:BASF Cuts Profit Goal, to Idle Plants as Orders Drop | www.bloomberg.com

Capacity shutdowns by Dow and BASF will pressure smaller players to rationalize their own operations.  If liquidity is insufficient to weather an extended downturn consolidation of global capacity is likely; voluntary or not. 

Bradford MillsChief Executive OfficerMANDALAY RESOURCES CORPORATION

Consolidation will Shorten Industry Price Cycle in Mining.

November 18, 2008

Analysis of:Freeport-McMoran Copper & Gold Inc. Announces Molybdenum Production Curtailment and Plans to Defer Restart of Climax Molybdenum Mine | www.fcx.com

     The recent announcement that FCX is significantly reducing molybdenum production is a rapid response to the recent price declines in Mo. This indicates that things are very different in the mining world than in past cycles. Historically companies have held on to production in down cycles for long periods with the hope that other producers would curtail production first. This became a war of attrition and often prolonged down cycles as large inventories of metals were built up that had to be worked off before prices responded. Consolidation in the mining industry has changed the production response behavior significantly with major producers rapidly curtailing production to rebalance supply and demand before massive inventories build up. In addition to FCX's move, Xstrata (XTA.L) and Norilsk (OTC:NILSY) have curtailed nickel production. Rio Tinto (RIO.L) and Fortescue Metals (ASX:FMG) have announced iron ore curtailments. Expect copper cuts soon.

Jeff MoserPresidentWest Branch LLC

Consumers pinched as petrochem prices hold firm

November 13, 2008

Analysis of:Oil falls but not prices of petro-based consumer goods | www.detnews.com

Falling oil prices have not led to price relief from major chemical and plastics producers.  Consumers will continue to see higher prices on everyday goods from diapers to toothpaste and toilet paper.

Jeff MoserPresidentWest Branch LLC

Navistar walking the EGR tightrope for 2010

November 11, 2008

Analysis of:Making EGR-only work for 2010 | fleetowner.com

Heavy Duty diesel truck engines must meet stringent EPA NOx emissions standards in 2010.  Solutions include SCR catalysts and/or high EGR rates.  The tradeoffs in performance and fuel economy may define market share among the major engine makers.

Jeff MoserPresidentWest Branch LLC

Reality Check for Alternative Fuel Ventures

November 11, 2008

Analysis of:Will plummeting gas prices hurt the push for alternative fuels? | abcnews.go.com

Cheaper crude oil means less attractive returns for alternative fuels producers.  Coupled with collapsing capital and credit markets further expansion of renewable fuels capacity is in doubt.

Bradford MillsChief Executive OfficerMANDALAY RESOURCES CORPORATION

Time duration of commodity down cycle will determine junior's fate.

November 10, 2008

Analysis of:"Darwinian culling" in junior mining sector | network.nationalpost.com

The duration of the cycle will determine the fate of most juniors. Sector differences matter - Base Metals (Cu, Ni, Zn) look particularly week and will get weeker. PGM's and U are at the bottom and should start to trend up. Gold looks reasonable and gold juniors should find financing. I expect a early 1970's style 2 year peak to peak cycle not a 1980's 5 year cycle. If the down cycle lasts longer than 18 months expect junior failures to accelerate.  Private equity is starting to play a role, expect it to prop up better companies (Pallinghurst Resource - GEM.L)

Jeff MoserPresidentWest Branch LLC

Nicht fur NASCAR

November 6, 2008

Analysis of:VW’s Growing Motorsport Arm Already Has Eye on 2009 Baja 1000 | wardsauto.com

Can success in North American motorsports venues increase awareness and demand for advanced European diesel vehicles? 

Jeff MoserPresidentWest Branch LLC

Fuel for Growth: More US Diesel distillate capacity?

November 4, 2008

Analysis of:Demand for diesel fuel: Perspectives and future Considerations on prices and supply for diesel car and truck fuel users | www.dieselforum.org

Energy from Diesel fuel is a key agent of growth in developing countries.  Increased demand has seen diesel outpace gasoline as prices hit record highs for both fuels.  US refinery capacity must be rebalanced to help correct price disparity for this key fuel.

Jeff MoserPresidentWest Branch LLC

Euro Performance Driving US Diesel Market

October 30, 2008

Analysis of:New BMW 335d May be Diesel’s Best Shot in U.S. | wardsauto.com

Diesel cars dominate European markets but are scarce in the US.  As fuel economy continues to drive US consumer choices diesel options will become more significant.  Regulatory issues may also favor diesels as US standards tighten.

Previous Page : 45678910111213Next81 to 90 of 302