China's steel futures rises on declining inventories, spot prices hikes
China's steel rebar futures rose on Tuesday, almost matching a five-week high hit during previous session, as concerns over weak demand subsided amid declining inventories. Construction steel rebar contracts for October delivery on the Shanghai Futures Exchange rose 1.9 percent from the previous session's close to 3,576 yuan ($566.34) a tonne as of GMT 0225. They peaked at 3,589 yuan a tonne, the highest since March 9, in early trade. https://news.webindia123.com/news/articles/Asia/20180424/3328082.html
Worthless bursa now drop with US, before it follow downward trend of china and Japan last week even US was good at that time .....Malaysia market will find it's reason to drop ...useless
First rule for success in stock market is DO NOT BE EMOTIONAL Keep a clear mind Buy when there is an opportunity to buy low Sell when others are chasing the stock
Simple thing but not easy to do That's why there are far lesser successful investors than loser
April 25 (Reuters) - Chinese steel futures climbed to their highest in nearly seven weeks on Wednesday, supported by a sustained drop in inventories of the building material as seasonal demand gained steam.
Additionally, we expect higher oil prices to boost the shipments of the company’s tubular steel division, which produces steels used in oil and gas drilling activities.
daily 3 to 5% downward trend masteel maintained...most stupid investment i have made, still one and half hour trading left, lets see what this bast**rd will show
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
titus
4,180 posts
Posted by titus > 2018-04-24 10:48 | Report Abuse
my sifut bought at 88c......say 88 = fatt fatt.......
i no follow.....hehe.....i will start buy when it drop below 78c......10c cheaper than my sifut