TraderPlanet.com :: Commentaries tagged (vale)

China, Brazil, - Analyst Blog

ZacksResearch, TraderPlanet.com — Wed, 01 Feb 2012 20:27:01 +0000

China's trade ministry recently banned Vale S.A's 400.000-deadweight-ton "Valemax" vessels, along with other giant freighters and tankers, to protect Chinese ocean-freight industry.

Shipping rates have slashed by two-thirds since October, slashing revenue for ship-owners worldwide. As a protective measure, the Chinese trade industry's move comes as check on the mining giant's efforts to cut the cost of shipping iron ore to the Chinese market; thereby straining the country's trade relations wi...

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Ivanhoe Stake Strengthens RIO - Analyst Blog

ZacksResearch, TraderPlanet.com — Fri, 27 Jan 2012 22:14:01 +0000

Recently, Rio Tinto Plc. has taken a majority stake in Ivanhoe Mines Ltd, having purchased 51% of the shares, thus attaining a control of the gold and copper miner.

Rio Tinto bought 15.1 million shares, following the recent transaction, from two sellers through a privately negotiated transaction for C$302 million . The additional 15.1 million common shares of Ivanhoe represented 2% of Ivanhoe's outstanding common shares.

The shares were purchased for an aggregate of C$302 million at a price p...

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It's A Dollar Story

InTheMoney, TraderPlanet.com — Fri, 27 Jan 2012 15:15:32 +0000

For over ten years now the major stock indexes have traded inverse to the U.S. Dollar Index. That inverse relationship is back in full force today. Anyone can easily see how the S&P 500 Index e-mini futures jumped off the morning lows as soon as the U.S. Dollar Index tumbled lower. All traders and investors should have a chart of the U.S. Dollar Index futures up at all times. If traders do not have the U.S. Dollar Index chart available the PowerShares DB US Dollar Index Bullish will mimic the...

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Steel ETFs Head-To-Head - Leveraged ETFs

ZacksResearch, TraderPlanet.com — Thu, 19 Jan 2012 15:45:01 +0000

While most commodities saw a weak 2011, few were as hard hit as steel during this tumultuous time frame. After hitting a 52 week high early in the year of about $900/metric ton, prices of steel slumped back towards earth by end of year costs coming in below $800/metric ton. Given that China, which is by far the world's biggest consumer of the metal, is apparently slowing down, many are growing increasingly concerned that prices could continue to slump here in 2012. If this happens and Europea...

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