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The Forum > Article Comments > A new up-wave in commodity prices > Comments

A new up-wave in commodity prices : Comments

By Michael Knox, published 1/11/2024

What I want to look at is the structure of demand and where I think the structure of demand will be coming from.

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Good quality steel doesn’t come from China.
Quality control is non existent.
Maintenance on their rolling mills is non existent.
Produce, produce, produce!
Poor quality Chinese steel floods the world market, leading to?

Australia’s growth rate of one point five percent coupled with massive immigration and matching the lowest domestic savings rate in years, screams a problem.

Australia; poor white trash from the South rings true!
Posted by diver dan, Friday, 1 November 2024 9:28:27 AM
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diver dan,
I don't know if stupidity causes greed or greed causes stupidity

re; Quality control is non existent. You're obviously referring to Australian Quality Control. I bought a small Australian made dinghy & I'm dismayed how this product was even allowed to be manufactured here let alone being sold here ! In the ads it appeared to be duck's nuts but once it was delivered it was nothing but a sheer disappointment quality-wise.
Give me a Chinese made one any day ! Same goes for other items made here. On the other hand it's silly of me to expect quality when I look at the quality of the system that's in control !
The days of Australian Quality are dwindling particularly under Union Govt !
Posted by Indyvidual, Saturday, 2 November 2024 12:17:50 PM
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