Be a bit prudent won't hurt though. Just read the following lines:
Eramet Says China May Double Nickel Substitute Output in 2007 By Tan Hwee Ann and Madelene Pearson April 4 (Bloomberg) -- Eramet SA, operator of the world's largest ferronickel plant, said China may more than double production of nickel pig iron, used as a replacement for nickel, as the price of the pure metal soars to record. China, the world's largest consumer of nickel, may produce 60,000 tons of the pig iron in 2007, up from 25,000 tons last year, said Jacques Bacardats, president of Eramet, according to a transcript of a press conference held today in New Caledonia. Chinese steelmills including Baosteel Group Corp. are increasingly relying on nickel pig iron, which contains between 1 and 3 percent of nickel, to make stainless steel to contain costs. China may import 1 million tons of nickel ore from New Caledonia this year to make the pig iron, Bacardats said. ``This product, sold well below market prices, is in direct competition with traditional products such as ferronickel,'' said Bacardats. ``The high prices encourage users to seek substitute materials to nickel.'' The price of nickel soared to a record $48,600 a ton yesterday. Macquarie Bank Ltd. analysts led by Jim Lennon said China may produce as much as 80,000 tons of nickel pig iron this year. To contact the reporter on this story: Tan Hwee Ann in Melbourne at [EMAIL PROTECTED] ; Madelene Pearson in Melbourne on [EMAIL PROTECTED] Last Updated: April 4, 2007 03:58 EDT --- In obrolan-bandar@yahoogroups.com, "bangbang_kw" <[EMAIL PROTECTED]> wrote: > > Harga rata-2 nickel untuk Q1 ada di kisaran $38500/MT atau $17.5/Lb, > kalau produksi ANTAM sekitar 5000MT, maka earning Q1 ada di kisaran > Rp500 atau annualized EPS hampir Rp2000. > > Jadi harga wajar untuk PER 7 ada dikisaran Rp14000, kalau PER 9 di > Rp18000. > > Perlu diingat kalau harga nickel bertahan, maka Q2 EPS akan semakin > besar. > > Salam. > --- In obrolan-bandar@yahoogroups.com, "highwaystar91" > highwaystar91@ wrote: > > > > Ada yang bisa prediksi? Thanks! > > >
