More and more steel is needed in the coming 8 years, during Trump and XI presidency, cause Trump and XI ambitions for defence budget exceed all other president by 10 to 20 %, defence need steel and aluminium, for military use. Do you think that US steel exporter company will not pay the 10% or 25% tariff if there was lack of steel in US for their industry to continue growth, i do not think so. OBAMA AND BUSH already introduce tariffs befor but it did not help the steel industry in US. Trump want to build a huge military arsenal and he is going to need lot and lot of steel, as well as China need more steel for the 8.1% increase in defence budget. The tariffs will only lead to high steel price and also will lead to more profit for Huaan as he supply the raw material for steel production. Read this article, youll understand. War is good for steel manufacturers as well as good for Huaan.
http://business.financialpost.com/opinion/lawrence-solomon-the-real-reason-for-trumps-steel-tariffs-hes-preparing-for-war

PanjiAlam, all your news are old news, i do not see any added value to your comments, by the way do you own Huaan share? You do not sound like you do..your news is actualy a good news for thise who want to collect cheap share , as Huaan share tiday is realy undervalued.

Breaking news, just now, Mark Short, a White House legislative said that the steel tariffs will not stop China floading it steel and aluminium to US through Canada and Mexico if necessary. This is why China said that this tariffs are stupid and will not impact the steel production in China..lol..

Indeed, cause there will alwayse be a stxxx who just sold his hard earning money at last minutes,, so who want to be that persone?..lol..

TAIPEI, Taiwan — Making good on a campaign promise, President Trump on Thursday announced plans to introduce 25 percent tariffs on imported steel and 10 percent tariffs on aluminum next week.

Speaking at a White House meeting, Trump said that for decades, "disgraceful" trade policies have impacted the steel and aluminum industries. "When our country can't make aluminum and steel," he said, "You almost don't have much of a country."

The announcement jolted markets. Steel stocks jumped on the news, while automakersretracted. The Standard & Poor's 500 Index and Dow Jones Industrial Average remained down on Friday.

But one market that won't be moved much, if at all: Chinese steel.

"A number of Chinese steel mills, transporters, and traders have actually given up on the U.S. market as an export destination," said Shanghai-based Linda Lin, editor of the China Steel Service at consulting firm CRU.

The U.S. is the world's largest steel importer, relying on shipments from more than one hundred countries and territories. Details regarding the tariffs were not presented, and it's unclear if certain trade partners will receive preferential treatment. During the meeting, though, Trump did single out China.

For the Chinese steel manufacturers, however, the news was inconsequential. Although China is the world's largest steel exporter, it is only the 11th-largest source country to the U.S., accounting for just 2 percent of total U.S. imports last year.

Given this low base, "We think this is a negative for the world steel industry as a whole, but as for China, we don't think it can be any worse," Lin said.

Obama administration hit Chinese steel hard in 2016
Prior to this announcement, the U.S. had already implemented trade taxes on different types of imported steel from China. In 2016, the Obama administration imposed duties on some Chinese steel imports by more than 500 percent, causing Chinese imports to the U.S. to drop by almost two-thirds.

According to Yan Tong, Chief Business Development Officer at Shagang International, one of China's largest steel mills, the U.S. has been moving in this direction for years. "Trump's action just accelerated it," she said. "It doesn't affect us that much because we don't export to U.S., anyway."

Trump made the announcement as Liu He, a Chinese economic advisor and reported trusted associate of President Xi Jinping, was visiting the White House.

If USA keep the steel tariffs against steels from europe and Asia, US companies will have no choice but to pay these tariffs and perhaps increase their trade with China since it steel will be mutch mutch mutch cheaper than european steel, as euro currency is strengthening, whike RMB is weakening. I thing steel export from China will definetly increase instead of decrease. We shall visit the numbers in the next 6 month.

Tpp sign, big potantial for members to increase their trade among them.

https://www.japantimes.co.jp/news/2018/03/09/business/11-states-minus-u-s-sign-tpp-free-trade-push-face-protectionist-trump/#.WqIK89zmhxA

Pmetal and Masteel share are up today, this show confidence in the asian steel market. Huaan shoukd go up as well. It is a matter of time till investors come back to Huaan. The share is oversokd, you can see it by looking to the daily volume keep decreasing and buy volume percentage increasing.

I am afraid that many foreign investors in Huaan they are not aware that Huaan business production is in China and not in Malaysia, Malaysia steel production will be mutch more impacted than China due to US steel tariffs. Neverless, US export mild steel to many country as well, so that these country may impose tariffs, this coukd only lead to steel price going up and will not impact the production rate at all. Think ahead..

Look like NK sanction will be lifted soon, alot of steel is needed for infrastructure that could be supplied by China. Trump agree to meet with Kim..

We also need to know from Huaan, if the 8.1% increase in China defence budget will lead to potantial increase in his business production.

By now, QR results are completely forgotten, sell off continue for the 8 days straight, we need Huaan to assure us that his business is not gonna be largely impacted by neither steel tariff or steel cut, and we need Huaan to confirm that China tax cut can be beneficial to Huaan earning.

We need Huaan to issue an annoucement to cool down this unfair selling of his share.

Sq 0.425 keep filling...dare to move it to 0.430...

Look like 4.30 more show to come. Only brave can buy now,

Green closing would be nice to have.

0.425 now.

Many would have lost alot in this market sentiment, they will have to give up bad stocks, stick belong to loos making company, and they will keep or buy other stock like Huaan. So the rebound will be faster once market uncertainty is settle down a bit. Hold is the key.

Huaan should annouce divident by now, free warrent, buy back...

They should hurry up, sooner or later this germ will shine bright...

All we need is a brave investors willing to earn good money by investing in Huaan based on his earning growth, a company like Huaan generating at least 25 milion ringgit in net profit per quarter, it share value now shoukd be very atractive, only brave investor can enter now, if they start now, they can buy at least 150 milion share all below 0.500, Huaan fair share value shoukd be 0.89 by now.

Not this time, keep watshing..

Huaan will get UMA soon, if he continue current trend.

By now all share affloat are back to bursa, no more shares, oversold. those who sell are selling with lost unless they belong to major investors who hold more than 5%, which non of them have sold any as they need to make announcement for selling. So the key issue here is to Hold on to your share, top up, do not give up to the pressure.

Huaweii, there is no reason for the share drop other than fear by weak investors. I see opportunity to top up as long as Huaan fundamental renain in good shape. Hold is the key

I can only predict how high it can go, not realy intrested in the bottom price, however everytime my wallet allow me i buy more, as long as it below 0.6.

Michael, i can only tell you that i have more share now then ever. I am a long term investor, not realy bother with day to day share price. Many contra have exist by now, sooner or later the share will rebound smoothly.

China GDP growth for 2018 is still high 6.5%, means many infrastructure projects are coming, steel is required as ever.

At this level Huaan should not be impacted by DJ, steel tariff, or other news, China introduce more tax cut and higher up its spending on military defence by 8.1% so many steel is required and i think steel price will go up as well as coke price, investors need to focus on these news.

Huaan have about 350 milion shares afloat for trading and the rest is own by Huaan big investors. Lets count Since 23 feb 2018, the sell off start, i count about 270 milion shares sold from 0.610 to today 0.405, i guess there is still about 80 milions hold by very brave people , like me, who have full faith in Huaan share recovery, so up to you if you want to hold or sell. No sell No loss.

If Hbglobe can make it above 0.3 with a one time net profite of 12 milion ringgit, than i am sure Huaan with 25 to 35 milion ringgit of net profite can make it to RM 1, in near term. Hold is the key. No sell no loss.

Trump said that steel tarrif will come off if new NAFTA agreement is on. Maily aiming to pressure Canada and Mexico.

The market trade war started just after the latest Davos convention.

So it is wise to follow the steel and aluminium price if they are faling, means the counter war is started..winner as always are the Chinese..

If usa proceed with it tax on imported steel, China is the only one that can efford to reduce the steel price by 25% equal to the usa imposed tax, so that the production of steel will remain the same and usa company will still buy chinese steel, therefor Huaan will not be impacted. Steel manufactorer are impacted as they will earn less, but i guess China can bring back some kind of subsidy to these sectors..if the impact is big or probably the big chinese project initiative will lead to more demand for local and regional steel production, which will benefit company like Huaan tremendously.

This is an automated system, no human can manage all share localy, regionaly and globaly to react at same time and same way,,we know that, they know that, and we all have to live with it hoping its over soon.

Give confidence, annouce new orders, ect...

Huaan can annouce divedent, call for buy back, issue free warrent to hold people from selling,,sure it is task for Management, who else?

Management should do whatever it take to support the share price above 0.50.

China increased defence budget by 8.1%. Defence means more steel needed, this is how i see it.

Even Hibiscus is now just above 91c, all market is down, nothing to do with Huaan. I am holding.

China 2018 GDP is set again at 6.5%, means business as usual, any decrease in steel export to usa will be offset in increase in domestic and regional demand.

Rahsia, a good analyst must give some explanation how he arrive to his target price expectation as evidence and not simply say straight forwad, if i ask my kids 7 years old about huaan price he would give me mutch clever response than you, because he will say : I do not know..so its you, you have no clue..

Market facing global retreat, nothing to do with Huaan, unfortunatly, bursa opperators are taking advantage of creating fear pushing small and weak investors to trade, moostly selling, again i think it is a great opportunity for the brave investors to buy at low, keep toping up as the market can at any time reverse sell to buy..

This trade war is not the first and it will not be the last and each time China win. The steel trade war started more than 10 years ago with Bush and again with Obama and now Trump, so what! China mutch more clever and this is why it started a huge initiative to support it domestic economy by starting a hige project whitch will required alot of steel for equipments, rail rode, cars, etc...

All market is down, localy, regionaly and globaly, it has nothing to do with Huaan fundamental. Bursa opperators are taking advantage of the situation.

I think the tarif on steel will not pass.

Those who sell now at this level, they definetly loosing money.

Huaan, have no direct relation with usa.

China steel export to usa is only 1 % of total production.