i_investorAccording to MEPS, An absence of competitively-priced third country import offers enabled European flat product producers to target and secure significant increases, in May.
Positive price momentum has continued in Belgium. Mill delivery lead times are long. A number of buyers, both stockholders and end-users, are purchasing more than they need immediately, anticipating further increases in the future. Others report they have been unable to secure sufficient quantities.
muterLatest result shown major improvement in profitability. The latest spike in steel prices should benefit them as steel bar producer. Hence, upcoming result should be way way better than this quarter. Current price still attractive at 0.575 i.e. trading at 0.27x NTA/Share of RM2.10...
Nelson ChuaSteel price up,this stock also drop,no hope already.