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Last Price Today's Change   Day's Range   Trading Volume
2.22   +0.04 (1.83%)  2.17 - 2.23  115,600
2,690 comment(s). Last comment by yeekarwai 95 at Oct 20, 2017 04:34 PM
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ming
248 posts

Posted by ming > Oct 4, 2017 11:52 AM | Report Abuse

So stock reload back?
See sufficient stock and no more quota policy.


VenFx
7818 posts

Posted by VenFx > Oct 4, 2017 03:45 PM | Report Abuse

Recover Steadily from 2.18 , Nice


edward123
138 posts

Posted by edward123 > Oct 5, 2017 09:08 AM | Report Abuse

Bro Warren Cold Eye, my stockist have 3mm mild steel plate, do u need this? if yes wat is ur requirement? Std size or u need special length.....?


edward123
138 posts

Posted by edward123 > Oct 5, 2017 09:17 AM | Report Abuse

4th Oct 2017

Southern Pricing : (Morning) Drop RM40/Mt
Y16-32=Rm2480
Y10,12,Y40 &R10 =RM2630
R6,8,12,16,20&25=Rm2680 (No Stock)

Amsteel Pricing : (Morning) Drop RM20/Mt
Y16-32=Rm2480
Y10,12,Y40 &R10 =RM2630
R6,8,12,16,20&25=Rm2680

Price war is coming again(same scenario during April to June) local steel millers killing each other.


STC1136
680 posts

Posted by STC1136 > Oct 5, 2017 03:43 PM | Report Abuse

2480 seems ady same as Aug Pricing.....Up in one month drop in one week


WarrenColdeye
453 posts

Posted by WarrenColdeye > Oct 5, 2017 04:36 PM | Report Abuse

Hi Edward123, thanks. I have already found the plate 2 days ago.. thanks for your help


WarrenColdeye
453 posts

Posted by WarrenColdeye > Oct 5, 2017 04:37 PM | Report Abuse

I was looking for carbon steel, not mild steel.. carbon steel is slow moving item and seems like very limited supply..


Pirates
15 posts

Posted by Pirates > Oct 5, 2017 11:25 PM | Report Abuse

@leoting @edward123 what are your opinions on the price war?


edward123
138 posts

Posted by edward123 > Oct 6, 2017 09:24 AM | Report Abuse

5th Oct 2017

Southern Pricing : (Morning) Drop RM20/Mt
Y16-32=Rm2460
Y10,12,Y40 &R10 =RM2610
R6,8,12,16,20&25=Rm2660 (No Stock)

Amsteel Pricing : (Morning) Drop RM20/Mt
Y16-32=Rm2460
Y10,12,Y40 &R10 =RM2610
R6,8,12,16,20&25=Rm2660


edward123
138 posts

Posted by edward123 > Oct 6, 2017 09:57 AM | Report Abuse

Bro Pirates, this will be same as in April June effect, but overall AJ will win thumbs up as cost efficiency and good marketing networking in overseas have good advantages over other competitor.


iedge
4 posts

Posted by iedge > Oct 6, 2017 01:44 PM | Report Abuse

https://klse.i3investor.com/blogs/iedge_blog/134529.jsp


investoroem
30 posts

Posted by investoroem > Oct 6, 2017 05:07 PM | Report Abuse

thanks iedge. The calculations shows that the producer with the larger production capacities will reap the highest profits. Annjoo for all its efficiencies and lowest cost of production, will have its profits capped by limited production capacity. Lionind and Sstell with much higher production capacities, will reap the most profits in this bull steel cycle.


leoting
472 posts

Posted by leoting > Oct 9, 2017 03:07 PM | Report Abuse

https://leoting81.blogspot.my/2017/10/blog-post_9.html


VenFx
7818 posts

Posted by VenFx > Oct 9, 2017 03:07 PM | Report Abuse

乖 不要上太快
我会 跟不上
Kiki


JayC
690 posts

Posted by JayC > Oct 10, 2017 05:19 PM | Report Abuse

may I know the latest steel price as of today?


tooeasy
19 posts

Posted by tooeasy > Oct 10, 2017 10:44 PM | Report Abuse

http://www.thestar.com.my/business/business-news/2017/10/10/steel-prices-to-inch-upwards/


edward123
138 posts

Posted by edward123 > Oct 12, 2017 08:41 AM | Report Abuse

6 & 9 Oct 2017 Price Maintain

Southern Pricing : (Morning) Maintain
Y16-32=Rm2450
Y10,12,Y40 &R10 =RM2600
R6,8,12,16,20&25=Rm2650 (No Stock)

Amsteel Pricing : (Morning) Maintain
Y16-32=Rm2450
Y10,12,Y40 &R10 =RM2600
R6,8,12,16,20&25=Rm2650

Sorry for not updating as being sick for the past few days.


edward123
138 posts

Posted by edward123 > Oct 12, 2017 08:41 AM | Report Abuse

10 & 11 th Oct 2017 Price up RM30/Mt
Southern Pricing : (Morning) Up RM30/Mt
Y16-32=Rm2480
Y10,12,Y40 &R10 =RM2630
R6,8,12,16,20&25=Rm2680 (No Stock)

Amsteel Pricing : (Morning) Maintain
Y16-32=Rm2450
Y10,12,Y40 &R10 =RM2600
R6,8,12,16,20&25=Rm2650

Sorry for not updating as being sick for the past few days.


Yu Gia Chang
9 posts

Posted by Yu Gia Chang > Oct 12, 2017 09:17 AM | Report Abuse

thank u and take care, bro edward123


leoting
472 posts

Posted by leoting > Oct 12, 2017 10:50 AM | Report Abuse

Appreciate hardwork of Edward123.


Albukhary
1105 posts

Posted by Albukhary > Oct 12, 2017 11:03 AM | Report Abuse

Thank you Edward. Good to see steel price increase again.


gcke
1123 posts

Posted by gcke > Oct 12, 2017 02:01 PM | Report Abuse

@edward123 have a speedy and good recovery.Take care.


kongming1
24 posts

Posted by kongming1 > Oct 12, 2017 10:33 PM | Report Abuse

thank you, Edward. :)


edward123
138 posts

Posted by edward123 > Oct 13, 2017 08:36 AM | Report Abuse

12 th Oct 2017
Southern Pricing : (Morning) Down RM30/Mt
Y16-32=Rm2450
Y10,12,Y40 &R10 =RM2600
R6,8,12,16,20&25=Rm2650 (No Stock)

Amsteel Pricing : (Morning) Maintain
Y16-32=Rm2450
Y10,12,Y40 &R10 =RM2600
R6,8,12,16,20&25=Rm2650


edward123
138 posts

Posted by edward123 > Oct 13, 2017 03:37 PM | Report Abuse

13 th Oct 2017
Southern Pricing : (Morning) Maintain
Y16-32=Rm2450
Y10,12,Y40 &R10 =RM2600
R6,8,12,16,20&25=Rm2650 (No Stock)

Amsteel Pricing : (Morning) Maintain
Y16-32=Rm2450
Y10,12,Y40 &R10 =RM2600
R6,8,12,16,20&25=Rm2650


edward123
138 posts

Posted by edward123 > Oct 13, 2017 03:39 PM | Report Abuse

13 th Oct 2017
Southern Pricing : (Morning) Maintain
Y16-32=Rm2450
Y10,12,Y40 &R10 =RM2600
R6,8,12,16,20&25=Rm2650 (No Stock)

Amsteel Pricing : (Morning) Maintain
Y16-32=Rm2450
Y10,12,Y40 &R10 =RM2600
R6,8,12,16,20&25=Rm2650

Price maintain within the range of base price RM2450/Mt until end of the month.


Ahbeng11
195 posts

Posted by Ahbeng11 > Oct 13, 2017 04:02 PM | Report Abuse

Until end of the month ? How sure is it ?


investoroem
30 posts

Posted by investoroem > Oct 13, 2017 05:04 PM | Report Abuse

Can never be sure. Maybe RM 2600 next month !


edward123
138 posts

Posted by edward123 > Oct 16, 2017 08:33 AM | Report Abuse

Dear Bro AhBeng & investorem , to be in fact I was expecting ASP within the range of RM2450/mt, which means this 4Qtr will be better than 3rdQtr on the ASP.


Ahbeng11
195 posts

Posted by Ahbeng11 > Oct 16, 2017 10:30 AM | Report Abuse

Thanks. Hope the ASP to stablise in healthy rage


Redpeople
178 posts

Posted by Redpeople > Oct 17, 2017 04:56 PM | Report Abuse

BUY NOW


Albukhary
1105 posts

Posted by Albukhary > Oct 19, 2017 09:03 AM | Report Abuse

Good morning everyone, hope Bro Edward can update us the latest steel price, production capacity, or any update in steel industry.


edward123
138 posts

Posted by edward123 > Oct 19, 2017 09:56 AM | Report Abuse

16 th Oct 2017
Southern Pricing : (Morning) Down RM30/Mt
Y16-32=Rm2420
Y10,12,Y40 &R10 =RM2570
R6,8,12,16,20&25=Rm2620 (No Stock)

Amsteel Pricing : (Morning) Down RM30/Mt
Y16-32=Rm2420
Y10,12,Y40 &R10 =RM2570
R6,8,12,16,20&25=Rm2620


edward123
138 posts

Posted by edward123 > Oct 19, 2017 09:57 AM | Report Abuse

17 th Oct 2017
Southern Pricing : (Morning) Down RM20/Mt
Y16-32=Rm2400
Y10,12,Y40 &R10 =RM2550
R6,8,12,16,20&25=Rm2600 (No Stock)

Amsteel Pricing : (Morning) Down RM20/Mt
Y16-32=Rm2400
Y10,12,Y40 &R10 =RM2550
R6,8,12,16,20&25=Rm2600


edward123
138 posts

Posted by edward123 > Oct 19, 2017 01:58 PM | Report Abuse

LeoTing:ASP around RM2400-2550. Anyhow, iron ore trend down and scrap price also decrease. Therefore, margin is there with rebate the lower material cost to customers.

17/10/2017 15:34

19/10/2017 13:58


farinsight
100 posts

Posted by farinsight > Oct 19, 2017 04:36 PM | Report Abuse

https://leoting81.blogspot.my/2017/10/blog-post_97.html


gcke
1123 posts

Posted by gcke > Oct 19, 2017 06:26 PM | Report Abuse

Expect the stock price to trend lower basing on the Technical Price Charts and Indicators.


VenFx
7818 posts

Posted by VenFx > Oct 19, 2017 06:48 PM | Report Abuse

It is good to hold, gcke.


zenmaster
32 posts

Posted by zenmaster > Oct 19, 2017 08:47 PM | Report Abuse

Selling price keep dropping


yeekarwai 95
3571 posts

Posted by yeekarwai 95 > Oct 20, 2017 04:34 PM | Report Abuse

catch up with annjoo!

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