China Growth Stocks

[southacresdave]

Actually the way she described it is that CNAM got hit with just 15 days worth because they are so new. It's also why management is being very conservative in their new forecast. They want to make sure they can be hit with multiple other shutdowns and still hit their numbers.

I know several steel companies are shut down for the rest of the year. It's how they plan on putting the little "inefficient" mills out of business. Even hitting the big boys......"Hebei Iron & Steel Co., the listed arm of China’s biggest steelmaker, said three of its units will cut a combined 1.5 million metric tons of output from this month through December because of power restrictions."