Posted by de_investor > 2021-11-07 21:27 | Report Abuse

Gud news from Buden...1 trillion...sure rocket 2moro

Posted by i3lurker > 2021-11-07 21:39 | Report Abuse

I hit Jackpot!!!

kakakaka

Posted by i3lurker > 2021-11-07 21:48 | Report Abuse

its not often people got cloned
but actually I do apologize coz I was way too optimistic.

Seems I included things like repair of 24,000 buses as infrastructure spendings

seems my facts were not so accurate after all
According to Forbes only USD110 Billion will go towards infrastructure

out of which steel content should be way much less than USD10 Billion

=> USD10 Billion


kakakakakakakakakaka

Posted by serbatipu > 2021-11-07 21:49 | Report Abuse

Sunday but so many keep 自慰

Posted by i3lurker > 2021-11-07 21:54 | Report Abuse

I suppose Biden's Bill is the reason why steel price is dropping like stone

USD10 Billion on steel is even less than 1MDB spendings


kakakakaka

Posted by Armageddon > 2021-11-07 21:56 | Report Abuse

HIAPTEK [6/11/2021]

Double top being formed around the RM 0.70 regions previously which saw a heavy retracement back towards the RM 0.52 major support regions now.

Good thing is that strong BOD signals are finally found around the major support levels on the daily chart, suggesting another round of collection here.

If able to find support on the RM 0.51 fibo support region, it would be a good sign for an incoming rebound back towards the RM 0.55- RM 0.565 soon at least on the short term.

Support: RM 0.52, RM 0.51, RM 0.50 areas
Resistance: RM 0.55, RM 0.565, RM 0.60 areas

Posted by Beltland > 2021-11-07 22:10 | Report Abuse

Senate Passes $1 Trillion Infrastructure Bill - The New York ...https://www.nytimes.com › U.S. › Politics
2 days ago — With $550 billion in new federal spending, the measure would provide $65 billion to expand high-speed internet access; $110 billion for roads, ...








i3lurker out of USD1 Trillion only USD500 million is for infrastructure, the details are already out in the news.

out of USD500 million,
30% will go to consultants
10% will go to mobilisation.

surveys
EIA
land acquisition
Formworks
Equipments
Labour
concrete

You are the experts

how many % will go to steel?


kakakakaka


Posted by Beltland > Nov 7, 2021 4:57 PM | Report Abuse

Good news for steel player !!

US lawmakers approve $1tn in infrastructure spending - BBChttps://www.bbc.com › world-us-canada-59180745
1 day ago — The long-delayed bipartisan legislation is a major plank of President Biden's domestic agenda.
07/11/2021 9:14 PM


Mr.i3lurker,A very senior respected Columnist ,please be noted that 500 million and 550 billion is a super big difference amount of allocation !

USD 500 million x 100,000 =USD 500 billion

110 billion for roads ,bridges .....etc

USD 110,000,000,000 = USD 110 billion



Thank You

Posted by BlessedInvestor > 2021-11-07 22:17 | Report Abuse

https://www.forbes.com/sites/jonathanponciano/2021/11/05/everything-in-the-1-trillion-infrastructure-bill-new-roads-electric-school-buses-great-lakes-restoration-and-more/?sh=5f0269bc5a1a

Posted by i3lurker > 2021-11-07 22:18 | Report Abuse

so its no longer USD1 Trillion?

so only USD10 Billion is steel content? thats out of USD110 Billion?

thanks for the info

thats even way less than 1MDB spendings, no wonder China gamblers sold down steel

kakakakaka

Posted by Johnchew6 > 2021-11-08 07:26 |

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Posted by Johnchew6 > 2021-11-08 07:27 |

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Posted by Johnchew6 > 2021-11-08 07:31 |

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Posted by Johnchew6 > 2021-11-08 07:44 |

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Posted by Johnchew6 > 2021-11-08 07:46 | Report Abuse

Posted by i3lurker > Mar 2, 2021 11:49 PM | Report Abuse
kon kon kon



here a kon



there a kon



kon here 

kon there



kon every where 



kon kon kon 



here a kon 



there a kon 



kon here 

kon there 



kon every where 



repeat 

lyrics copyright 2021 Mikecyc

Posted by Johnchew6 > 2021-11-08 07:48 | Report Abuse

"We estimate that for every $100 billion of new investment in infrastructure, that's going to mean 5 million tons of additional steel demand," American Iron and Steel Institute CEO Kevin Dempsey said. Globally, steel demand in 2021 is expected to increase by 3.8% over 2020, according to the World Steel Association.2021年10月7日
——-

Here's what's in the bipartisan infrastructure bill - CNN
2天前 — It will deliver $550 billion of new federal investments in America's infrastructure over five years, touching everything from bridges and

Posted by Johnchew6 > 2021-11-08 07:49 | Report Abuse

Friday , 5/11 ..Oct 28 , T+ 5 balance = 24.6 mil ...

Oct 29 , T+ 4 = 12.8 mil

Nov 1 , T + 3 = 18.3 mil

Nov 2 , T + 2 = 7.2 mil

Nov 3, T+ 1 = 20.8 mil ( a good sign )

Predicted price range : 0.515 to 0.545 ..

Note : Last week volume majority by Retailer is flushing out all contra player on Wednesday ..

and Operator / Goreng is leveraging ...

Posted by Johnchew6 > 2021-11-08 07:50 | Report Abuse

Monday, 8/11 , Oct 28 , T+6 balance = 24.6-13.2 = 11.4 mil ie : meaning retailers had picked up 25 million shares.

Oct 29 , T+5 = 12.8 mil

Nov 1 , T + 4 = 18.3 mil

Nov 2 , T + 3 = 7.2 mil

Nov 3, T+ 2 = 20.8 mil ( a good sign )

Nov 5 , T+ 1 = 13.2 mil

Predicted price range : 0.520 to 0.550

Posted by Johnchew6 > 2021-11-08 08:38 |

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Posted by Johnchew6 > 2021-11-08 08:40 |

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Posted by Johnchew6 > 2021-11-08 08:41 | Report Abuse

Dragonslayer , Dragonwitch , Buah Ciku ???

Posted by paktua73 > 2021-11-08 08:54 |

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Posted by Johnchew6 > 2021-11-08 09:23 |

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Posted by Johnchew6 > 2021-11-08 09:24 | Report Abuse

itu siapa nama otakk cacccing kah ???

Posted by Star8888 > 2021-11-08 09:28 | Report Abuse

China steel price drop again this morning.

Posted by vllyk > 2021-11-08 09:30 | Report Abuse

Doesn't the Defense industry uses a lot of steel as well?

Posted by Johnchew6 > 2021-11-08 09:32 |

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Posted by Johnchew6 > 2021-11-08 09:34 |

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Posted by Johnchew6 > 2021-11-08 09:40 | Report Abuse

But as it stands, the Navy is on track to buy 13 battleforce ships in 2022. That, combined with new restrictions on how many older ships the fleet can decommission, is enough to keep the fleet growing ... for now. But to get to 355 ships, the White House and Congress must sustain that build-rate for a decade or more.2021年9月3日

Posted by Johnchew6 > 2021-11-08 09:52 |

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Posted by Star8888 > 2021-11-08 09:53 | Report Abuse

China steel price 4263 now.

Posted by Johnchew6 > 2021-11-08 10:00 |

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Posted by Johnchew6 > 2021-11-08 10:06 |

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Posted by Johnchew6 > 2021-11-08 10:07 |

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Posted by Johnchew6 > 2021-11-08 10:10 |

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Posted by Sslee > 2021-11-08 10:13 | Report Abuse

Haha I already bought Masteel and Hiaptek so must switch side to support Mike from supporting Ular.

Posted by UlarSawa > 2021-11-08 10:14 | Report Abuse

Everyday pun ada Promoter with facts and figures still hardworking sharing kah. Ok Ular pun mau sharing sikit lah. US steel import permit in Oct 2021 dropped 26% from Sept 2021. This is fact lah. Winter mari mana ada more jobs lah. Proven winter lesser jobs mah. How can steel price up leh. Correct?


US import permit in Oct 2021mostly from Canada 475kMt Mexico 406k MT South Korea 186k MT Brazil 142k MT Turkey 113k MT. Msia pun not in the list lah. Lagi hari hari cakap US market very big and good selling price apa guna lah. Correct?

Posted by Sslee > 2021-11-08 10:14 | Report Abuse

https://tradingeconomics.com/commodity/steel
Steel now 1600 up 110.

Posted by UlarSawa > 2021-11-08 10:14 | Report Abuse

BEIJING/MANILA, Nov 5 (Reuters) - Benchmark iron ore futures in China fell on Friday and logged a fourth straight weekly decline as industrial demand remained sluggish due to steel output curbs in the country.

Capacity utilisation rates of 163 blast furnaces at mills across the country stood at 62.39%, as of Nov.5, data from Mysteel consultancy showed, down from 66.17% the week earlier.


The most-traded iron ore futures on the Dalian Commodity Exchange , for January delivery, ended down 3.2% at 561 yuan ($87.65) per tonne. The contract fell 12.1% this week.

Prices for other raw materials also declined. Dalian coking coal futures faltered 0.8% to 2,390 yuan a tonne and coke prices slipped 1.9% to 3,046 yuan per tonne. They rose 5.4% and 2.3%, respectively, this week.

Weekly steel consumption in the world's top metals consumer also dipped, down 2.3% from the previous week, according to Mysteel.

"Intensifying expectation on lower costs and weak demand will further drag steel prices," analysts with Galaxy Futures wrote in a note, adding that futures prices are still lower than spot prices.

Construction rebar on the Shanghai Futures Exchange edged down 0.6% to 4,247 yuan a tonne

Hot-rolled coils , used in the manufacturing sector, dropped 2.2% to 4,569 yuan per tonne.

Shanghai stainless steel futures were down 0.6% at 18,270 yuan a tonne.

Posted by UlarSawa > 2021-11-08 10:14 | Report Abuse

Walao like this drop very soon 4000 kambing kah. Pray to God also cannot help kah. Correct?


Star8888 China steel price 4263 now.
08/11/2021 9:53 AM

Posted by Sslee > 2021-11-08 10:14 | Report Abuse

Sorry typo error 4600 up 110

Posted by takaje > 2021-11-08 10:21 | Report Abuse

@Armageddon Nice TA. Same thought

Posted by takaje > 2021-11-08 10:31 | Report Abuse

@UlarSawa u got any short position with Hiaptek or not? If not, go back to ur TG forum leh.

Posted by takaje > 2021-11-08 10:42 | Report Abuse

Ular keeps copy paste, what for? 99% of ur posts are copy paste. If want to share news, share the link enough lah. Copy paste all ur own replies for what. If u want to fight with John/Mike, ask for his number then do it elsewhere. Pening...

Posted by de_investor > 2021-11-08 10:44 | Report Abuse

don mis a boat..wil fly afternoon

Posted by ValueInvestor888 > 2021-11-08 10:46 | Report Abuse

https://finance.sina.com.cn/futures/quotes/RB2201.shtml

China rebar real time future price. Rebound 1.4% now...

Posted by ValueInvestor888 > 2021-11-08 10:47 | Report Abuse

I believe current price is bottom now. Many steel mills are making loss due to high energy and transport costs...

Posted by ValueInvestor888 > 2021-11-08 10:52 | Report Abuse

today china steel and aluminum stocks recover strongly

Posted by Johnchew6 > 2021-11-08 10:54 |

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Posted by Johnchew6 > 2021-11-08 10:56 |

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Posted by takaje > 2021-11-08 11:00 | Report Abuse

1,2 or 3 times ok lah, for fun. There are people genuinely want to share good info and analysis, their info are pushed so high up and became hidden.