According to multiple foreign reports, China has offered to increase the percentage of semiconductor chips it buys from American sources, replacing offerings from South Korea and Taiwan.
http://businesskorea.co.kr/english/news/industry/21301-running-unexpected-snag-korean-semiconductor-industry-faces-huge-loss-exports

Buy Kesm! China has already offered to increase the percentage of semiconductor chips it buys from American sources, replacing offerings from South Korea and Taiwan.

MR LIM SENG CHEE (a substantial shareholder) acquired 20,000 shares on 26-Mar-2018.

South Korea agrees to open auto market in return for exemption from steel

Kobay's stock price increased from 0.90 to 1.02 (up 13.3%) YoY.
Its net profit increased 522.74% YoY.

J.P. Morgan U.S. equity strategist Dubravko Lakos-Bujas said in a note Tuesday investors should buy after the recent dip.

"The market appears to be overreacting to sequential negative narratives …, we believe strong macro and fundamentals will continue to prevail," Lakos-Bujas wrote. "Most of the selling seen over this period has been largely technical …, and as such represents a buying opportunity for fundamental investors."

----------------------------------------

But J.P. Morgan U.S. equity strategist Dubravko Lakos-Bujas said in a note Tuesday investors should buy after the recent dip.

"The market appears to be overreacting to sequential negative narratives …, we believe strong macro and fundamentals will continue to prevail," Lakos-Bujas wrote. "Most of the selling seen over this period has been largely technical …, and as such represents a buying opportunity for fundamental investors."

J.P. Morgan U.S. equity strategist Dubravko Lakos-Bujas said in a note Tuesday investors should buy after the recent dip.

"The market appears to be overreacting to sequential negative narratives …, we believe strong macro and fundamentals will continue to prevail," Lakos-Bujas wrote. "Most of the selling seen over this period has been largely technical …, and as such represents a buying opportunity for fundamental investors."

But J.P. Morgan U.S. equity strategist Dubravko Lakos-Bujas said in a note Tuesday investors should buy after the recent dip.

"The market appears to be overreacting to sequential negative narratives …, we believe strong macro and fundamentals will continue to prevail," Lakos-Bujas wrote. "Most of the selling seen over this period has been largely technical …, and as such represents a buying opportunity for fundamental investors."

MONEY NEWSMARCH 27, 2018 / 5:01 PM / UPDATED 4 HOURS AGO
China's steel, iron ore rise as trade war fears ease

https://in.reuters.com/article/asia-ironore/chinas-steel-iron-ore-rise-as-trade-war-fears-ease-idINKBN1H310Z
China's steel, iron ore rise as trade war fears ease

China's steel, iron ore rise as trade war fears ease
https://in.reuters.com/article/asia-ironore/chinas-steel-iron-ore-rise-as-trade-war-fears-ease-idINKBN1H310Z

METALS-Industrial metals gain as trade war fears fade
https://www.reuters.com/article/global-metals/metals-industrial-metals-gain-as-trade-war-fears-fade-idUSL8N1R92B0

METALS-Industrial metals gain as trade war fears fade
https://www.reuters.com/article/global-metals/metals-industrial-metals-gain-as-trade-war-fears-fade-idUSL8N1R92B0

Commentary on the prospects of the Group

The management anticipates that the manufacturing segment shall remain profitable for the coming quarters in view of the steady incoming orders from electronics and aerospace industries. While preserving electronics as our core business, the segment shall continue to focus on expanding its business in aerospace sector, medical healthcare & life science products, focusing on improving its capacity and production efficiency. On the other hand, we shall simultaneously re-gearing for new markets for oil & gas business unit to cushion out the negative impact of the industry.
We shall continue to ride on the electronics market that has grown at an impressive rate and intensity our growth in aerospace business to strike for a positive result for coming quarters.
For property development division, the management is actively pursuing Phase 2 of Lavanya Langkawi, a serviced studio and serviced apartment project with projected gross development value of RM 214.96 million. The Phase 2 has obtained planning approval on 8 November 2017 and the management target to obtain its building plan and APDL by Q4 FYE2018 in order to launch the project in Q4 FYE 2018. We are mindful of the challenging market sentiments and have also refocused our efforts towards delivering more mid-market and affordable products for our up- coming launching.
In overall, the management expects the performance of the Group to be satisfactory for the remaining quarters of the financial year, in line with modest growth forecasted for manufacturing and new launching of property project.

http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=6971

South Korea agrees to open auto market in return for exemption from steel

GOOD FOR KESM

brent crude oil over 70

Apple was up 4.75% yesterday.

brent crude oil over usd 70

Semiconductor stocks turned in some of the market's best performances on the day, driving the Philadelphia Semiconductor Index up by 4.24 percent.

http://jamaica-gleaner.com/article/world-news/20180325/china-appeals-cooperation-it-warns-trade-war

http://jamaica-gleaner.com/article/world-news/20180325/china-appeals-cooperation-it-warns-trade-war

U.S. Treasury Chief Sees No ‘Big Impact on the Economy’ From Trade Actions
https://www.wsj.com/articles/u-s-treasury-chief-sees-no-big-impact-on-the-economy-from-trade-actions-1521991765

Paper tigers? US and China in dispute over tariffs but trade war looks remote
https://www.theguardian.com/business/2018/mar/25/us-china-trade-tariffs-paper-tigers

Paper tigers? US and China in dispute over tariffs but trade war looks remote
https://www.theguardian.com/business/2018/mar/25/us-china-trade-tariffs-paper-tigers

On Friday stocks in Thailand, Malaysia and Indonesia got affected less.
https://www.bloomberg.com/quote/SET:IND

On Friday stocks in Thailand, Malaysia and Indonesia got affected less.
https://www.bloomberg.com/quote/SET:IND

N.American semicon makers posted global billings of US$2.41 billion in February, says SEMI | http://www.klsescreener.com/v2/news/view/357275
................

N.American semicon makers posted global billings of US$2.41 billion in February, says SEMI... |http://www.klsescreener.com/v2/news/view/357275

N.American semicon makers posted global billings of US$2.41 billion in February, says SEMI | http://www.klsescreener.com/v2/news/view/357275

On Friday stocks in Thailand, Malaysia and Indonesia got affected less.
https://www.bloomberg.com/quote/SET:IND

On Friday stocks in Thailand, Malaysia and Indonesia got affected less.
https://www.bloomberg.com/quote/SET:IND

MASTEEL's net profit increased 200.55% YoY.
Its stock price moved up from 0.48 to 0.78 YoY ( up 62.5%)

Gap up on Monday

Gap up on Monday

The impact of Trump tariffs on steel are much smaller than we expected before.

Steel Tariff Exemptions Expand
The 25% steel and 10% aluminum tariffs were set to take effect on Friday, but the Trump administration clarified late Thursday that countries representing more than half of U.S. steel imports would receive exemptions through May 1. Exempted countries include European Union members, Canada, Mexico, South Korea, Brazil, Australia and Argentina. After May 1, Trump could decide to permanently exempt those nations based on the status of talks.

Trump tariffs on steel are not beneficial to US steel makers.

Steel stocks fell hard on Thursday after U.S. Trade Representative Robert Lighthizer telegraphed the change in policy. On Thursday, shares of U.S. Steel (X) sank 11% to levels last seen before Trump ramped up his steel tariff talk in mid-February. Steel Dynamics (STLD) fell 7.5%, Nucor (NUE) 6.5% and AK Steel (AKS) 8.7%. Steel stocks extended losses Friday.

MALAYSIA STEEL WORKS (KL)BHD buyback 1,031,000 shares from 0.950 to 0.985 on 09-Mar-2018 - 12-Mar-2018.

The excluded countries export about two thirds of US steel import.

The impact of Trump tariffs on steel are much smaller than we expected before.

Steel Tariff Exemptions Expand
The 25% steel and 10% aluminum tariffs were set to take effect on Friday, but the Trump administration clarified late Thursday that countries representing more than half of U.S. steel imports would receive exemptions through May 1. Exempted countries include European Union members, Canada, Mexico, South Korea, Brazil, Australia and Argentina. After May 1, Trump could decide to permanently exempt those nations based on the status of talks.

Trump tariffs on steel are not beneficial to US steel makers.

Steel stocks fell hard on Thursday after U.S. Trade Representative Robert Lighthizer telegraphed the change in policy. On Thursday, shares of U.S. Steel (X) sank 11% to levels last seen before Trump ramped up his steel tariff talk in mid-February. Steel Dynamics (STLD) fell 7.5%, Nucor (NUE) 6.5% and AK Steel (AKS) 8.7%. Steel stocks extended losses Friday.

Gap up on Monday

Steel Tariff Exemptions Expand
The 25% steel and 10% aluminum tariffs were set to take effect on Friday, but the Trump administration clarified late Thursday that countries representing more than half of U.S. steel imports would receive exemptions through May 1. Exempted countries include European Union members, Canada, Mexico, South Korea, Brazil, Australia and Argentina. After May 1, Trump could decide to permanently exempt those nations based on the status of talks.

Steel stocks fell hard on Thursday after U.S. Trade Representative Robert Lighthizer telegraphed the change in policy. On Thursday, shares of U.S. Steel (X) sank 11% to levels last seen before Trump ramped up his steel tariff talk in mid-February. Steel Dynamics (STLD) fell 7.5%, Nucor (NUE) 6.5% and AK Steel (AKS) 8.7%. Steel stocks extended losses Friday.

US steel makers will not increase steel production. Trump tariffs are not beneficial to US steel companies. That's why U.S. Steel (X) sank 11% to levels last seen before Trump ramped up his steel tariff talk in mid-February.

The US steel price is unlikely to rise as companies in the US can get steel from Canada, Mexico, Korea, the EU without inflated prices.

Gap up on Monday

Steel Tariff Exemptions Expand
The 25% steel and 10% aluminum tariffs were set to take effect on Friday, but the Trump administration clarified late Thursday that countries representing more than half of U.S. steel imports would receive exemptions through May 1. Exempted countries include European Union members, Canada, Mexico, South Korea, Brazil, Australia and Argentina. After May 1, Trump could decide to permanently exempt those nations based on the status of talks.

Steel stocks fell hard on Thursday after U.S. Trade Representative Robert Lighthizer telegraphed the change in policy. On Thursday, shares of U.S. Steel (X) sank 11% to levels last seen before Trump ramped up his steel tariff talk in mid-February. Steel Dynamics (STLD) fell 7.5%, Nucor (NUE) 6.5% and AK Steel (AKS) 8.7%. Steel stocks extended losses Friday.

Your info is old...

Steel Tariff Exemptions Expand
The 25% steel and 10% aluminum tariffs were set to take effect on Friday, but the Trump administration clarified late Thursday that countries representing more than half of U.S. steel imports would receive exemptions through May 1. Exempted countries include European Union members, Canada, Mexico, South Korea, Brazil, Australia and Argentina. After May 1, Trump could decide to permanently exempt those nations based on the status of talks.

Steel stocks fell hard on Thursday after U.S. Trade Representative Robert Lighthizer telegraphed the change in policy. On Thursday, shares of U.S. Steel (X) sank 11% to levels last seen before Trump ramped up his steel tariff talk in mid-February. Steel Dynamics (STLD) fell 7.5%, Nucor (NUE) 6.5% and AK Steel (AKS) 8.7%. Steel stocks extended losses Friday.


US steel stocks plunged due to the smaller impact of Trump tariffs on steel. Malaysian steel stocks should move up.

Trump Tariffs: Why Dow Jones, S&P 500 Are Falling Despite Steel Tariff Exemptions, China Restraint
https://www.investors.com/news/economy/trump-tariffs-steel-tariff-exem...

Trump Tariffs: Why Dow Jones, S&P 500 Are Falling Despite Steel Tariff Exemptions, China Restraint
https://www.investors.com/news/economy/trump-tariffs-steel-tariff-exemptions-china-restraint-cant-lift-stock-market/

US steel stocks plunged due to the smaller impact of Trump tariffs on steel. Malaysian steel stocks should move up.

Steel Tariff Exemptions Expand
The 25% steel and 10% aluminum tariffs were set to take effect on Friday, but the Trump administration clarified late Thursday that countries representing more than half of U.S. steel imports would receive exemptions through May 1. Exempted countries include European Union members, Canada, Mexico, South Korea, Brazil, Australia and Argentina. After May 1, Trump could decide to permanently exempt those nations based on the status of talks.

Steel stocks fell hard on Thursday after U.S. Trade Representative Robert Lighthizer telegraphed the change in policy. On Thursday, shares of U.S. Steel (X) sank 11% to levels last seen before Trump ramped up his steel tariff talk in mid-February. Steel Dynamics (STLD) fell 7.5%, Nucor (NUE) 6.5% and AK Steel (AKS) 8.7%. Steel stocks extended losses Friday.

Steel Tariff Exemptions Expand
The 25% steel and 10% aluminum tariffs were set to take effect on Friday, but the Trump administration clarified late Thursday that countries representing more than half of U.S. steel imports would receive exemptions through May 1. Exempted countries include European Union members, Canada, Mexico, South Korea, Brazil, Australia and Argentina. After May 1, Trump could decide to permanently exempt those nations based on the status of talks.

Steel stocks fell hard on Thursday after U.S. Trade Representative Robert Lighthizer telegraphed the change in policy. On Thursday, shares of U.S. Steel (X) sank 11% to levels last seen before Trump ramped up his steel tariff talk in mid-February. Steel Dynamics (STLD) fell 7.5%, Nucor (NUE) 6.5% and AK Steel (AKS) 8.7%. Steel stocks extended losses Friday.
24/03/2018 12:48

US steel stocks plunged due to the smaller impact of Trump tariffs on steel. Malaysian steel stocks should move up.

President Donald Trump's tariffs on steel and aluminum imports, which roiled the stock market less than three weeks ago, now look like a much smaller deal after big new exemptions were granted on Thursday, just before they were set to take effect.

https://www.investors.com/news/economy/trump-tariffs-steel-tariff-exemptions-china-restraint-cant-lift-stock-market/