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Walter Energy, Inc. Message Board

  • blackboxfund blackboxfund Sep 1, 2013 8:42 AM Flag

    HOW MUCH STEEL DO the NEW chinese RAILROADS AND SUBWAYS USE? Alot !

    206 to 236 short tons of steel per mile ...per Rail

    GO figure the long distances involved ... Railway construction will be focused in poorer, mostly rural areas in China. Beijing also announced an initiative to attract more private investment by establishing a railway investment fund.

    The CHINA 2013 stimulus-on-the-quiet program is already having an effect. For example, the amount of steel for infrastructure overtook steel used in housing recently, an indication that government stimulus—not property construction—is now driving growth.

    in the 1950s most roads settled on 113-117 lb rails as the standard. There has been some shift back to 133 to 136 lb rail for those roads handling heavy unit coal trains.

    Sentiment: Strong Buy

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