no problem kc

lol, maybe the reporter doest have enought time to read what he want to post out

http://biz.thestar.com.my/news/story.asp?file=/2013/1/25/business/20130125104229&sec=business

Media Statement : Statement On The Iron & Steel Industry, Issued By The Ministry Of International Trade And Industry



The Government is determined to work with the domestic iron and steel industry to make it more competitive.

This follows the Government's decision to implement proposals derived from a study of the industry undertaken by the Boston Consulting Group. The proposals include measures to further enhance the competitiveness of the upstream and downstream industry, support access to key inputs for the industry, enhance the capabilities of the steel industry, improve standards & importation processes and enhance trade remedies.
A fundamental proposal was for the establishment of a Malaysian Steel Council (MSC) to oversee and guide the development of the industry. The MSC has been formed and is chaired by the Minister of International Trade and Industry. Members of the MSC comprise representatives from all sectors of the industry as well as the Government.

MITI's Minister Dato' Sri Mustapa Mohamed has described the restructuring of the steel industry as a matter of "national importance," and that both the industry and the Government are assuming "shared responsibility" for its future. The industry and the Government will jointly undertake initiatives to further enhance the industry.

Dato' Sri Mustapa affirmed that the Government will take appropriate measures to promote the development of the domestic steel industry. This, however, will be done while respecting Malaysia's international obligations to promote free and fair trade.

He said the Government's approach will be to focus on the enforcement of mandatory standards to prevent below-par products from entering the market, adding that appropriate measures will be taken to counter unfair trade practices.

As part of the restructuring of the industry, the Government has decided that from 1 February 2013, 18 grades of steel imports (as in the appendix) will cease receiving duty exemptions.

In addition, 30 days from the date of this announcement (Tuesday, 22 January 2013), the Government will also cease the issuance of the Temporary Certificate of Approval (TCOA) and companies currently utilising TCOA may be considered for fast track clearance for a period of six (6) months. This 6-month grace period is to enable the companies to make the necessary adjustments in adhering to the streamlined processes for the importation of iron and steel products.

However, for companies that is currently not using the TCOA facility, the present process of applying for COA remains in place. To facilitate clearance at the ports, importers also have the choice of having their products tested by accredited laboratories both domestic and foreign. The list of accredited laboratories is available on STANDARDS MALAYSIA's website: www.standardsmalaysia.gov.my. Importers can also refer to SIRIM and CIDB for details.

All these measures were formulated after all the stakeholders were consulted and agreed upon by them, he said.

Dato' Sri Mustapa stressed that to become more competitive, the industry itself must achieve greater synergies between its upstream and downstream sectors.

Dato' Sri Mustapa also said that he looked forward to the establishment of the Malaysia Steel Institute (MSI) in the first quarter of 2013. The MSI will be an independent entity. "The MSI will have an important role to play, especially in human resource development, research and development, formulation of standards and laboratory testing for the industry," he said.

At the international level, Dato' Sri Mustapa said the Government's role will be to secure better market access for Malaysia's steel products through free trade agreements.

Overall, the industry is supportive of the efforts by the Government to restructure the industry. The implementation of the measures will further enhance the industry's competitiveness and help build its capacity to face challenges, he said.



Ministry of International Trade and Industry
KUALA LUMPUR, MALAYSIA
22 January 2013





APPENDIX

Effective from 1 February 2013, the following 18 grades of steel imports will cease receiving duty exemptions:

No.
Grades

JIS G 3132 SPHT 1
JIS G 3132 SPHT 2
JIS G 3132 SPHT 3
JIS G 3132 SPHT 4
JIS G 3101 SS 400
JIS G 3101 SS 490
JIS G 3101 SS 540
JIS G 3106 SM 490
BS EN 10025 S355JR
BS EN 10025 S355J0
BS EN 10025 S355J2
BS EN 10111 DD 11
AS/NZS 1594 HA 350
AS/NZS 1594 HA 250
JIS G 3131 SPHC Cheq
JIS G 3101 SS400 Cheq
ASTM A 36 Cheq
BS EN 10025 S 275 JR Cheq

Media Statement : Statement On The Iron & Steel Industry, Issued By The Ministry Of International Trade And Industry



The Government is determined to work with the domestic iron and steel industry to make it more competitive.

This follows the Government's decision to implement proposals derived from a study of the industry undertaken by the Boston Consulting Group. The proposals include measures to further enhance the competitiveness of the upstream and downstream industry, support access to key inputs for the industry, enhance the capabilities of the steel industry, improve standards & importation processes and enhance trade remedies.
A fundamental proposal was for the establishment of a Malaysian Steel Council (MSC) to oversee and guide the development of the industry. The MSC has been formed and is chaired by the Minister of International Trade and Industry. Members of the MSC comprise representatives from all sectors of the industry as well as the Government.

MITI's Minister Dato' Sri Mustapa Mohamed has described the restructuring of the steel industry as a matter of "national importance," and that both the industry and the Government are assuming "shared responsibility" for its future. The industry and the Government will jointly undertake initiatives to further enhance the industry.

Dato' Sri Mustapa affirmed that the Government will take appropriate measures to promote the development of the domestic steel industry. This, however, will be done while respecting Malaysia's international obligations to promote free and fair trade.

He said the Government's approach will be to focus on the enforcement of mandatory standards to prevent below-par products from entering the market, adding that appropriate measures will be taken to counter unfair trade practices.

As part of the restructuring of the industry, the Government has decided that from 1 February 2013, 18 grades of steel imports (as in the appendix) will cease receiving duty exemptions.

In addition, 30 days from the date of this announcement (Tuesday, 22 January 2013), the Government will also cease the issuance of the Temporary Certificate of Approval (TCOA) and companies currently utilising TCOA may be considered for fast track clearance for a period of six (6) months. This 6-month grace period is to enable the companies to make the necessary adjustments in adhering to the streamlined processes for the importation of iron and steel products.

However, for companies that is currently not using the TCOA facility, the present process of applying for COA remains in place. To facilitate clearance at the ports, importers also have the choice of having their products tested by accredited laboratories both domestic and foreign. The list of accredited laboratories is available on STANDARDS MALAYSIA's website: www.standardsmalaysia.gov.my. Importers can also refer to SIRIM and CIDB for details.

All these measures were formulated after all the stakeholders were consulted and agreed upon by them, he said.

Dato' Sri Mustapa stressed that to become more competitive, the industry itself must achieve greater synergies between its upstream and downstream sectors.

Dato' Sri Mustapa also said that he looked forward to the establishment of the Malaysia Steel Institute (MSI) in the first quarter of 2013. The MSI will be an independent entity. "The MSI will have an important role to play, especially in human resource development, research and development, formulation of standards and laboratory testing for the industry," he said.

At the international level, Dato' Sri Mustapa said the Government's role will be to secure better market access for Malaysia's steel products through free trade agreements.

Overall, the industry is supportive of the efforts by the Government to restructure the industry. The implementation of the measures will further enhance the industry's competitiveness and help build its capacity to face challenges, he said.



Ministry of International Trade and Industry
KUALA LUMPUR, MALAYSIA
22 January 2013





APPENDIX

Effective from 1 February 2013, the following 18 grades of steel imports will cease receiving duty exemptions:

No.
Grades

JIS G 3132 SPHT 1
JIS G 3132 SPHT 2
JIS G 3132 SPHT 3
JIS G 3132 SPHT 4
JIS G 3101 SS 400
JIS G 3101 SS 490
JIS G 3101 SS 540
JIS G 3106 SM 490
BS EN 10025 S355JR
BS EN 10025 S355J0
BS EN 10025 S355J2
BS EN 10111 DD 11
AS/NZS 1594 HA 350
AS/NZS 1594 HA 250
JIS G 3131 SPHC Cheq
JIS G 3101 SS400 Cheq
ASTM A 36 Cheq
BS EN 10025 S 275 JR Cheq

any news yen boy?

but price still dont move

（吉隆坡22日讯）国际贸易及工业部宣佈，从2013年2月1日开始，取消18种进口的钢材所享有的免税待遇。

贸工部长拿督斯里慕斯达法指出，从1月22日开始的30天內，政府也將停止发出钢铁进口临时批准证书，而目前正在使用此证书的业者或可在未来的6个月，获得快速通关。

他说，6个月期限是为了让这些公司针对进口钢铁產品作出的適当的调整，以適应简化的钢铁產品进口程序。

至于没有获得临时批准证书的公司，则必须按照现有的批准证书申请方式提出申请，而为了加速在码头的进口通过工作，进口商也可选择获得认可的国內外实验室检验他们所进口的钢铁產品。

重整钢铁业

慕斯达法今日发表文告表示，进口商可从马来西亚规格官网（www.standardsmalaysia.gov.my）获取受承认实验室的名单，或向大马规格及工业研究公司（SIRIM）以及大马建筑工业发展局（CIDB）查询详情。

他说，为了重整钢铁业，以变得更有竞爭力，政府决定落实波士顿諮询公司所提出的建议。

有关建议包括进一步加强国內钢铁业上下游、支持钢铁行业获得关键供应、加强钢铁业的能力、提高標准及进口程序，以及加强贸易救济措施。

他透露，已按照相关的建议成立大马钢铁理事会，並由他来出任主席一职，理事会成员包括钢铁业所有领域的代表及政府。

他形容重整钢铁业对国家非常重要，而政府及钢铁业者对钢铁业的未来有共同的责任，因此双当將合作执行所有措施，以进一步加强钢铁业。

慕斯达法重申，政府將採取適当的措施来推广及发展国內钢铁业，惟这必须符合大马的国际责任，即推广自由及公平的贸易。

他指出，政府將著重与落实强制性標准，禁止不符合標准的產品进入市场，同时也將採取適当的行动，以遏制不公平的贸易做法。

慕斯达法指出，该部是在諮询利益相关者並获得认同后，才制定相关的措施。

他强调，要让我国的钢铁业更具竞爭力，钢铁业的上下游必须更积极合作。

Rocket, you ask wrong people

lol. hopefully can sell some for lion dance

nope, most of the fund stuck @ bursa

last trip went japan and how about this trip?

maybe KC. I try my best. Guy who didnt turn up pls sent in your proxy form (just to make sure the friendly party join us)

hi rocket, you can download it from bursa web

Pathew, i might go.

spray on the "siput"

http://www.theedgemalaysia.com/business-news/229621-parliament-may-be-dissolved-on-feb-22.html

ys1, still can buy knm?

morning pathew, master knm have better TP. I still like his TP

Mr. ys1, what is today TP?

oh fighting

kc, today ys1 tp just more conservative but he is still knm master

oh frank, you are right. I always ask ys1 advised and his prediction always accurate.

this bond issue was drag too long, just because of 1 or 2 people. Hopefully the board to act fast and fix the date for EGM

good 1, bye bye abu...

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1174209

it is a cluster field and will use the same resources for E & P work

thanks ys1

yup frank, his prediction always close. YS1, what is the price range for today?

hopefully it will frank, i m interesting on trader66 post and look like he know a lot of insider info which we dont know. thaks for trader66 post, can you give us more info you know?

morning frank. yup now only i realise, i m slow

http://www.btimes.com.my/Current_News/BTIMES/articles/SCOMI7/Article/

http://biz.thestar.com.my/news/story.asp?file=/2013/1/12/business/12564127&sec=business

YS1, your prediction always come so close

aiyoyo, like a kid play the game.

YS1, Im sure you have insider info.

Ya, have a nice weekend frank

oh no, he was so forgetful or can't differentiate

thks hawk, anyway this was history

aiyo, should have fully believed with YS1 advised. Anyway tks to YS1

Thanks Yungshen1, What will be tommorow price range?

Rocket, u got to ask shah for tp.. Lol

Many, petronas got more than 100 field for mof

thks djchew

40 sen?

heheh pathew

what will be the closing price for today?

51% or 15% ???? Big question mark

http://www.btimes.com.my/Current_News/BTIMES/articles/20130101234334/Article/index_html

Agree, cant help him anymore...hopeless