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2018-04-11 15:48 | Report Abuse
US Sactions on Rusal , the biggest producer of aluminium metal ROW (ex China) shall give a huge advantage for Press Metal to have spot orders in Value-Added-Product with high margin especially for Asia.
LME today announced not to accept Rusal metal as we would foresee more tight supply ROW (ex-China)\
So, i would say Press Metal coming quarter performance even until end of the year shall be pretty shinning.
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2018-04-06 15:12 | Report Abuse
in long run, the ECRL is mainly for logistic purpose to shorten the delivery time from East Coast port to Klang Valley. We cannot only concentrate on port klang.
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2018-04-06 11:28 | Report Abuse
Trade war may not be sustained. It is a chip to pull US and China to a negotiation table.
I believe China is moving forward to green industry and they are not willing to pollute the environment by low margin/no margin manufacturing products anymore.
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2018-04-05 16:50 | Report Abuse
no worry. steel price locally still show good margin
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2017-09-07 09:20 | Report Abuse
heard Antara Steel is running back, will it affect the market in short term?
Stock: [PMETAL]: PRESS METAL ALUMINIUM HOLDINGS BERHAD
2018-04-13 09:16 | Report Abuse
LME Aluminium price rebound to more than 2300