Posted by zexon > 2017-09-03 09:29 | Report Abuse

Based on current steel asp, ssteel is marching towards double digit profit margin.

Posted by kevin008 > 2017-09-03 11:31 | Report Abuse

All the china factory boost their production due to Steel price increase and it cause the fire incident happen..
Hopefully china govt will further cut their production hehe

Posted by zexon > 2017-09-03 11:38 | Report Abuse

Kevin008, china local authorities have taken the actions.

http://news.mysteel.com/17/0901/10/23C70F466FB9790F.html

Posted by kevin008 > 2017-09-03 12:47 | Report Abuse

like tat steel price will be crazy in the world
hopefully the 3 co. will increase their export business hehe

Annjoo - Singapore
Ssteel - ASEAN countries
Masteel - Australia,OCEAN countries

Posted by MrPauper > 2017-09-03 16:27 | Report Abuse

kevin008, where did you source the information regarding the export destination of the steel products?

Posted by kevin008 > 2017-09-03 16:42 | Report Abuse

Annual report and news loh

Posted by edward123 > 2017-09-04 11:01 | Report Abuse

Dear All Bros, thanks for the concern

Southern Pricing : (Morning) Up RM30/Mt
Y16-32=Rm2570
Y10,12,Y40 &R10 =RM2720
R6,8,12,16,20&25=Rm2770 (No Stock)

Amsteel Pricing : (Morning) Maintain
Y16-32=Rm2540
Y10,12,Y40 &R10 =RM2690( do not have sufficient stock, only certain sizes have)
R6,8,12,16,20&25=Rm2740

Posted by zexon > 2017-09-04 11:17 | Report Abuse

Malaysia rebar price is far more cheaper than China!!

Posted by gwansoo > 2017-09-04 12:02 | Report Abuse

https://www2912mqcapitalhome.wordpress.com/2017/09/04/ann-joo-has-locked-in-its-electrode-requirement-for-2018-at-below-market-prices/

Posted by zexon > 2017-09-04 14:42 | Report Abuse

Gwansoo, do you mind to provide full uob kay hian report?

Posted by gwansoo > 2017-09-04 15:01 | Report Abuse

https://research.uobkayhian.com/content_download.jsp?id=41347&h=10489e28509965bdbb4234b23d3dbea4

Posted by Albukhary > 2017-09-04 21:19 | Report Abuse

China AM: Steel futures surge on fire at Bengang BF

China’s steel futures moved up sharply in the morning trading session on Friday September 1 following a fire at Benxi Iron & Steel (Bengang)'s No 1 blast furnace.

Futures closing prices – morning session Shanghai Futures Exchange January rebar: 4,023 yuan ($610) per tonne, up 96 yuan per tonne January hot rolled coil: 4,204 yuan per tonne, up 138 yuan per tonne Dalian Commodity Exchange January iron ore: 580.50 yuan per tonne, up 6.50 yuan per tonne January coking coal: 1,440 yuan per tonne, down 2 yuan per tonne Raw materials Metal Bulletin’s 62% Fe Iron Ore Index stood at $78.91 per tonne cfr China on Thursday August 31, up $2.83 per tonne from a...

Posted by zexon > 2017-09-04 22:20 | Report Abuse

https://www.facebook.com/groups/147704515823039/permalink/149246685668822/

Posted by lenyan > 2017-09-05 10:07 | Report Abuse

加注加注 反正买完4大steel公司就对了 牛眼投资法

Posted by Stock Kingdom > 2017-09-05 12:08 | Report Abuse

China Overall factory rebar price 4/9/2017 was RMB4,146..... Up from 4049 last friday
星期一中国螺纹钢现货价 人民币4,146，比较上个星期五4049

http://www.100ppi.com/vane/detail-927.html
http://www.sunsirs.com/uk/prodetail-927.html

Posted by VenFx > 2017-09-05 12:42 | Report Abuse

Great ,,, sSteel the Bull on the Run .

Posted by edward123 > 2017-09-05 14:34 | Report Abuse

Southern Pricing : (Morning) Up RM10/Mt
Y16-32=Rm2580
Y10,12,Y40 &R10 =RM2730
R6,8,12,16,20&25=Rm2780 (No Stock)

Amsteel Pricing : (Morning) Up RM40/Mt
Y16-32=Rm2580 (only certain size have)
Y10,12,Y40 &R10 =RM2730( do not have sufficient stock, only certain sizes have)
R6,8,12,16,20&25=Rm2780

Posted by darkstar > 2017-09-05 15:25 | Report Abuse

If don't have sufficient stock, means the earning/production is reaching the ceiling/limit?

Posted by leoting > 2017-09-05 15:40 | Report Abuse

They really maximize the output already, just the market too hunger for steel bar.

Posted by paktua73 > 2017-09-05 15:48 |

Post removed.Why?

Posted by darkstar > 2017-09-05 16:01 | Report Abuse

So I'll take that as good news as they are working at maximum capacity, reaching for maximum profit. Thanks @leoting

Posted by Stock Kingdom > 2017-09-05 20:22 | Report Abuse

中国今天五号（星期二）钢铁现货出厂价跟昨天相差无几，保持在人民币4136
http://www.sunsirs.com/uk/prodetail-927.html

Posted by edward123 > 2017-09-06 12:44 | Report Abuse

Breaking new high on rebar prices.

Southern Pricing : (Morning) Up RM20/Mt
Y16-32=Rm2600
Y10,12,Y40 &R10 =RM2750
R6,8,12,16,20&25=Rm2800 (No Stock)

Amsteel Pricing : (Morning) Up RM20/Mt
Y16-32=Rm2600 (only certain size have)
Y10,12,Y40 &R10 =RM2750(do not have sufficient stock)
R6,8,12,16,20&25=Rm2800

Posted by veln82k6 > 2017-09-06 12:50 | Report Abuse

Amsteel pricing refer to lionind ?
Southern pricing refer to ssteel ?

Posted by leoting > 2017-09-06 12:57 | Report Abuse

market supplies very tight.....

Posted by edward123 > 2017-09-06 13:09 | Report Abuse

Yes LionInd is company, Amsteel is the bar mark for the company logo

Posted by edward123 > 2017-09-06 13:10 | Report Abuse

Yes Leo, indeed tight as all of the steel millers prefer export nowadays

Posted by lordng94 > 2017-09-06 13:13 | Report Abuse

人民币对马币今天创下今年新高，换言之大陆人带强势人民币来马来西亚扫货有理，马来西亚钢铁用户入口中国钢铁机会破灭。

Posted by lordng94 > 2017-09-06 13:18 | Report Abuse

加上今天美金对马币走弱，对任何钢铁厂都有利，入口原材料的成本就相对下降了

Posted by Albukhary > 2017-09-06 13:24 | Report Abuse

Last month I went to Myanmar, having chance to chat with a Malaysian contractor which based on there for more than 10 years. At that time their steel price convert to RM is around RM3300, I think now September the price should further increase to RM3500-3600 d. Their steel is mainly imported from China.

This conversation proof that what Leoting claiming is correct, now Malaysia have the cheapest steel price compare with other country.

I believe this trend will continue for another few month to 1 year.

Posted by leoting > 2017-09-06 13:24 | Report Abuse

是的，加上汇率的因素。 所有的利好都全给了长钢。。

Posted by lordng94 > 2017-09-06 13:27 | Report Abuse

这次是十年一遇的长钢牛市。

Posted by lordng94 > 2017-09-06 14:05 | Report Abuse

金九银十

Posted by paperplane2016 > 2017-09-06 14:11 | Report Abuse

i still prefer annjoo, the leader

Posted by smartInvestor1 > 2017-09-06 14:55 | Report Abuse

i buy all big 4. ssteel and lionind move faster

Posted by smartInvestor1 > 2017-09-06 14:55 | Report Abuse

大势所趋 要输都很难

Posted by smartInvestor1 > 2017-09-06 15:30 | Report Abuse

又回到原点 看来要突破后 就继续飞更高

Posted by Warn3r > 2017-09-06 15:52 | Report Abuse

Edward. I could not find any email address under your account. Sorry that I have to post publicly here. Is your wife alright? Please let me know if you need any sort of help. I will pray for you and your wife.

Posted by ks5S > 2017-09-06 16:52 | Report Abuse

steel and electronic sector will continue with the bull run until next year.

Posted by moneySIFU > 2017-09-06 17:15 | Report Abuse

Dear Mr Edward & Leoting,

Thank you for all your contribution & insight views towards the steel industry & development in Malaysia, many including me have benefited from your great & fantastic sharing.

From your conversations, all the steel millers prefer go for export nowadays.

May I ask on the following:

1. Price for exported steels Vs local selling price
Will millers get higher export price if compared to locally sold price

2. Possible/percentage of export Vs local sale.
Any idea of how much is now being exported, roughly or generally?

Thank you in advance.

Posted by oniongor > 2017-09-06 18:55 | Report Abuse

https://skyisthelimitskyisthelimit.blogspot.sg/2017/09/southern-steel-q1fy18-eps-estimation.html?m=1

Posted by value88 > 2017-09-06 20:26 | Report Abuse

Hi Edward & Leo Ting,
I got to know electric-arc furnace steel producers are facing graphite electrode shortage nowadays. Do you know how much that would affect the production output and cost to SSteel ?
Tq.

Posted by MrPauper > 2017-09-06 20:30 | Report Abuse

Hi value88, you may refer previous comments for an answer to your question

Posted by lordng94 > 2017-09-06 21:02 | Report Abuse

Value88, you may refer to https://skyisthelimitskyisthelimit.blogspot.sg/2017/09/southern-steel-q1fy18-eps-estimation.html

To answer your question.

Posted by veln82k6 > 2017-09-06 22:27 | Report Abuse

Ssteel will run faster when the reseach house has buy call..

Posted by zexon > 2017-09-06 22:42 | Report Abuse

Research house hold for release the report.

Posted by investoroem > 2017-09-06 23:23 | Report Abuse

Thanks lordng94, oniongor. Ssteel Q1FY18 (July- September 2017) eps estimated at RM.406 !! Sky is the limit !

Posted by yoloisreal > 2017-09-07 09:21 | Report Abuse

huat ah!

Posted by thinking > 2017-09-07 09:35 | Report Abuse

wah lau eh!

Posted by hooi > 2017-09-07 10:50 | Report Abuse

time to take profit.