Posted by DrSteel > 2022-02-06 15:35 | Report Abuse

https://www.metalbulletin.com/Article/5082791/Lack-of-import-offers-pushes-up-Asian-steel-billet-prices-again.html

Lack of import offers pushes up Asian steel billet prices again

Low volumes of steel billet being offered for import into key Asian markets have led to a continued rise in spot prices for the semi-finished material in recent days, sources told Fastmarkets on Friday January 28.

Buyers in Asia have been struggling to source billet on the spot market, with sellers holding back offers until after the region’s lunar new year holidays conclude in early February.

“A large Indonesian blast furnace [BF] mill hasn’t given any offer prices in recent days, and needs buyers to bid directly,” a major Chinese importer source said on Friday, with trading sources from both Japan and Singapore agreeing.

A Vietnamese steelmaker told Fastmarkets on Friday that he would still prefer to sell in the domestic market rather than exporting. But he said he would, in theory, be able to offer billet at $650 per tonne fob Vietnam, which would work out at around $680 per tonne cfr China and Southeast Asia.

He added that he expected prices to rise again after the new year holidays.

Posted by Jerichomy > 2022-02-07 11:58 | Report Abuse

Now got MCO coming soon, Enjoy

Posted by Jerichomy > 2022-02-07 11:59 | Report Abuse

Who scold me and huat rex and arv18…dah delete

Posted by i3kambing > 2022-02-07 15:53 | Report Abuse

this fellow keep creating fake account threaten other people, must be trap in penthouse with big paper loss, wakaka. hiaptek cannot lah.

i support MoneyMakers. confirm 30sen coming.

Posted by Jerichomy > 2022-02-07 16:01 | Report Abuse

Mco dah datang

Posted by Tobby > 2022-02-07 16:04 | Report Abuse

Still queing at 50.5 cents! Can't get 50 cents!

Posted by amateurJR > 2022-02-07 16:07 | Report Abuse

play leonfuat, ays or prestar better. This share too heavy d

Posted by i3kambing > 2022-02-07 16:09 | Report Abuse

I also got buy a bit. But looks like hopeless. Even annjoo also perform better. Don't put all eggs here. Leave some for other better counter.

This one wait long long. I also trap, but not penthouse. Maybe sell and buy other counter better.

Posted by Jerichomy > 2022-02-07 18:03 | Report Abuse

Tobby and betland same person

Posted by amateurJR > 2022-02-07 18:07 | Report Abuse

Tobby and stockraider same person. haha

Posted by Jerichomy > 2022-02-07 18:44 |

Post removed.Why?

Posted by Jerichomy > 2022-02-07 18:45 |

Post removed.Why?

Posted by DickyMe > 2022-02-07 18:47 | Report Abuse

You are wrong!
It is just beginning.
After April, watch the glory.

Posted by OTB > 2022-02-08 11:31 |

Post removed.Why?

Posted by TanDavid88 > 2022-02-08 11:40 | Report Abuse

A naysayer been wrong all the times, tolong stop comment further.
We readers here want to make money.
Tolong !! not break our rice bowl loh !!

Posted by Tobby > 2022-02-08 12:45 | Report Abuse

I think many retail players are waiting for OTB buy call on Hiaptek!

Posted by Jerichomy > 2022-02-08 12:46 | Report Abuse

Tobby i thot ur in HIBI

Posted by Tobby > 2022-02-08 12:47 | Report Abuse

Jerichomy! Yeah, i don't have a single Hiaptek! Waiting for OTB to issue buy call! Wink wink!

Posted by Tobby > 2022-02-08 12:51 | Report Abuse

Jerichomy! Just wait for OTB buy call! He is the only one to listen to!

Posted by Jerichomy > 2022-02-08 13:06 | Report Abuse

Alright, tobby….see you soon

Posted by LeonXx9 > 2022-02-08 13:13 | Report Abuse

I am very impressed Hiaptek will suddenly shoot up to 0.535.

Posted by LeonXx9 > 2022-02-08 13:15 | Report Abuse

Let's see what is the next resistance.

Posted by OTB > 2022-02-08 13:27 |

Post removed.Why?

Posted by Target1 > 2022-02-08 13:29 | Report Abuse

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

Posted by Target1 > 2022-02-08 13:30 | Report Abuse

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

Posted by alenac > 2022-02-08 13:36 | Report Abuse

Maybe his mother is already dead. Nobody as insane as him will say that unless ......

Posted by uncensored > Feb 8, 2022 1:33 PM | Report Abuse

Jeichomy are you human being ? From the way your speak we can see how evil you are. My goodness what a indecent dumb are you...



>>>>>>>>>>>>>
Posted by __Jerichomy > Feb 8, 2022 12:08 AM | Report Abuse

DickyMe @ DickyMe if you are a gentleman lets place a bet. If tomorrow HiapTeck falls to 30cst I will sleep with your mother and if it goes up above 52 cts you DickyMe will sleep with my mother with my blessings.

Posted by takaje > 2022-02-08 13:41 | Report Abuse

Warren Buffett: "The stock market is a device for transferring money from the impatient to the patient"

Posted by uncensored > 2022-02-08 14:01 | Report Abuse

Yes, well written...



>>>>>>>>>>>
Posted by takaje > Feb 8, 2022 1:41 PM | Report Abuse

Warren Buffett: "The stock market is a device for transferring money from the impatient to the patient"

Posted by OTB > 2022-02-08 14:05 | Report Abuse

Please read the link below.
It shows both daily and weekly technical charts of Hiaptek.

https://klse.i3investor.com/blogs/OoiTeikBee/2022-02-08-story-h1598368637-TA_reading_of_Hiaptek_Buy_signal_appears_on_7_2_2022.jsp

Thank you.

Posted by LeonXx9 > 2022-02-08 14:20 | Report Abuse

Thanks OTB, what do you think the next resistance will be?

Posted by Beltland > 2022-02-08 14:40 | Report Abuse

Hiaptek ,rising star steel counter for year 2022.

Buy now before price shooting up !

Referance factors as follow :

Steel Rebar is mostly traded on the Shanghai Futures Exchange and London Metal Exchange. The standard future contract is 10 tons. Steel is one of the world’s most important materials used in construction, cars and all sorts of machines and appliances. By far the biggest producer of crude steel is China, followed by European Union, Japan, United States, India, Russia and South Korea. The steel prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our steel prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so.
Actual Previous Highest Lowest Dates Unit Frequency
4808.00 4778.00 6198.00 1580.00 2016 - 2022 Yuan/MT Daily



Average selling price at 3750 yuan/MT above Hiaptek joint venture i.e Eastern Steel (M) Bhd making tons of money !
At 4750 yuan/MT Eastern Steel (M) Bhd making super high profit !
At 4808 yuan /MT ?????

Buy ! Buy ! Buy before price shooting up !!

Posted by Hung_Hing > 2022-02-08 14:57 | Report Abuse

Expected rise for those who does their research and homework. Especially in 2022!

Posted by tts752 > 2022-02-08 15:35 | Report Abuse

Going up to 0.55...seems today can closed around 0.57

Posted by Tobby > 2022-02-08 15:35 | Report Abuse

Guys! Listen to OTB! If you don't, don't cry if you miss the ship!

Posted by tts752 > 2022-02-08 15:40 | Report Abuse

buying momentum is damn strong...0.70 is not a dream...

Posted by LeonXx9 > 2022-02-08 16:12 | Report Abuse

54Cents Let's Goooooooooo~~~~~~

Posted by MrsLee > 2022-02-08 16:40 | Report Abuse

Nice....

Posted by sharemarket21 > 2022-02-08 16:58 | Report Abuse

Post Chinese New Year rally. Let's focus and make the 20 % return. The max 30% and cash out if you are contented. .58 is the first target.

Posted by LeonXx9 > 2022-02-08 17:00 | Report Abuse

Closing 0.545~~~~

Posted by Want2MakeMoney > 2022-02-08 17:25 | Report Abuse

Wah , today so Swee ... The crazy dogs Moneymakers and HuatRex that used to bark everyday should now disappear and would not come out anymore

Posted by Want2MakeMoney > 2022-02-08 23:26 | Report Abuse

LOL , don't want old lobang lah, dry and lose. They can keep for they fathers .

Posted by lamy92 > 2022-02-09 06:50 | Report Abuse

Better more u invest AYS or LBALUM good company steel

Posted by abcb > 2022-02-09 09:16 | Report Abuse

Uptrend can't be sustainable,take good profit

Posted by Lucifer999 > 2022-02-09 09:19 | Report Abuse

time to add some

Posted by Beltland > 2022-02-09 12:18 | Report Abuse

International steel industry on early bull run .
Add more while it's still cheap !!

Posted by Beltland > 2022-02-09 13:35 | Report Abuse

KLSE is a weak market ,Hiaptek after a strong start yesterday and now going through short interval correction is normal .

Strong catalyst to push up Hiaptek earning ; Today steel Rebal at Shanghai trading at 4850 yuan /MT.Definitely join venture Eastern Steel (M) bhd will generates tons of profit sharing to contribute Hiaptek yearly net earning !!!

Hold tight !! Be patience.Big money waiting to reward you !!!!

Posted by Target1 > 2022-02-09 13:53 | Report Abuse

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

Posted by OTB > 2022-02-09 14:42 |

Post removed.Why?

Posted by Bobby Bobby > 2022-02-09 14:56 | Report Abuse

Thanks for your information. I'll look into it.

Posted by Fundamental Trader > 2022-02-09 14:56 | Report Abuse

BBB