Posted by nakata > 2021-09-22 23:54 | Report Abuse

Thanks for your advice @calvintaneng

Posted by mrbusiness > 2021-09-23 09:29 | Report Abuse

I switched some capital from Hiap Teck to Ann Joo today and yesterday

Posted by Jerichomy > 2021-09-23 11:01 | Report Abuse

Ru sure bro…annjoo also no movement oredi

Posted by nakata > 2021-09-23 12:09 | Report Abuse

https://news.seehua.com/?p=750647&fbclid=IwAR2MCdwtWad6J5anz2d39nmko3WJQT0lJpN7vXAd0Tgx2XuLHN0sdUub9kY

Posted by mrbusiness > 2021-09-23 13:46 | Report Abuse

@nakata, I was told the hardware shop owners are always the first batch to buy steel stocks because they are the insiders.

Posted by mrbusiness > 2021-09-23 13:47 | Report Abuse

I think Ann Joo's export business will be better and better

Posted by mrbusiness > 2021-09-23 14:03 | Report Abuse

I have AYS, Annjoo and Hiaptek.

I agreed with OTB's sharing and entered AYS at RM0.49, add more on the way. Average buying price is RM0.576.

Thank you OTB. Buying power of this forum is too small comparing with the funds, so do not accuse OTB want to induce you to buy AYS to support the price.

OTB is a man with honor and ego. I respect him.

Posted by Invest_888 > 2021-09-23 14:59 | Report Abuse

Annjoo should benefits from low iron ore price and good steel price which result in higher profit margin.

Posted by Jerichomy > 2021-09-23 15:18 | Report Abuse

Bro, i think this time the downtrend will be either tech or steel or both so beware

Posted by skyjet > 2021-09-23 15:39 | Report Abuse

Switch all steel stock to AYS.

Posted by ming > 2021-09-23 20:03 | Report Abuse

全球多国深陷“钢铁荒”！国内“能耗双控”带动限产落地 钢材涨价来袭
21世纪经济报道
09-20 10:39
138评论
K图 rbm_0

东方财富股友专属快捷开户通道，马上查看>>

据央视财经，国际市场上，钢铁价格大幅上涨，受疫情影响，国际钢铁供应与需求失衡的矛盾日益突出，国际钢价一路上扬，并在今年七月达到高点，随后有所缓和。

告急！全球多国深陷“钢铁荒”

今年7月初，美国《财富》杂志网站刊发了一个长篇报道，题为“钢铁价格已经翻番，泡沫何时破灭？”文章列举的数据显示，自2020年3月以来，美国钢铁价格已飙升215%，其中，热轧钢的基准价格一度攀升至每吨1825美元，约合人民币近12000元，而在疫情之前，这一交易价格是在每吨500至800美元之间，价格翻了一番还要多。

文章分析称，“供不应求”是导致钢价上涨的最主要原因。疫情暴发之后人们居家时间变长，消费者将旅游等支出转化为购买家具家电等高档家装用品，多国出现住房价格猛涨的情况。

同一时期钢铁产能的恢复却远远地落在后面，疫情引发的供应链不畅、劳动力短缺等问题使得美国、德国等国家相继出现“钢铁荒”。

进入九月，这一状况已有所好转，最新数据显示，美国八月生产者价格指数，也就是PPI，同比增长0.7%，比前一个月回落了0.3个百分点。有媒体报道称，八月铁矿石、钢价、油价都有所回落。

国内“能耗双控”带动限产落地，钢材涨价来袭

多地推动的限产政策，引发钢材市场供应趋紧预期，市场热情被成功唤醒。

兰格钢铁指出，近期多个钢材产区进行罕见的大力度、大面积限产，引发供给收缩预期，叠加双节备货和投机需求，市场交投气氛异常火爆，个别地区甚至出现抢货潮。

长材价格主要受到江苏等地钢厂限产强化的影响，市场热情被成功唤起，华东等地价格涨幅达到每吨100元以上，其它地区涨幅也超过了几十元。

兰格钢铁分析指出，目前来看，市场主要以投机需求占据主导，节假日前后，随着各地限产的继续落实，一旦投机与备货需求形成共振，钢市仍有向上空间。

我的钢铁网信息显示，9月18日，国内建筑钢材市场普遍上涨，板材市场窄幅震荡；随着各地限产持续升温，但建材市场看涨情绪依然浓厚，部分区域涨幅达到90-150元/吨。18日当天，国内7家钢厂上调建筑钢材出厂价30-150元/吨。

今年上半年，由于海内外需求的旺盛增长，国内钢材价格一路飙升，钢材产量也明显增加。5月以后，随着大宗商品涨价潮的降温，以及国家有关部门对市场投机的打击，钢材价格有显著回落。此后进入钢材市场淡季，为落实全年粗钢产量同比不增的目标，多地开启粗钢产量压减。各地对“能耗双控”的关注，再度为钢材产业带来新的限产政策。

临近年底，年度能耗双控目标完成情况较为紧张的多个省区，相继都出台政策明确“两高”项目名录，并配以较为严格的监管措施，限电、限产打响了年底能耗双控的攻坚战，涉及钢铁、焦化、有色等多个行业。

近期，江苏、江西、河北、山东、广西等地相继限产、轮流停产或开始检修，涉及一线钢厂、烧结和高炉装置，部分地区则收到限电控产的通知。

我的钢铁网调研指出，近期浙江多数钢厂都收到了减产通知并计划逐步落实减产，短流程钢厂减产计划集中在9月13日-9月30日，长流程钢厂具体减产检修计划未定；江苏钢厂产量影响集中在9月10日-10月15日，建筑钢材、板卷、优钢等各产品产量都有不同程度影响，主要还是集中在建筑钢材。

广西地区因加强能耗双控，9月14日即下发通知对当地钢企实施限产。当地8家短流程企业均接到限电通知，其中4家企业生产停产，4家企业错峰生产，合计影响日产量2.57万吨。

我的钢铁网分析指出，短期来看，多地钢厂限产力度持续加大，尤其是建筑钢材产量下降明显，库存下降速度较快，长材价格表现明显强于板材价格。

当前钢市供给收缩力度大于需求，尤其建材市场资源偏紧，商家心态偏乐观，也需要警惕钢价过快上涨引发政策调控风险。

在原材料市场方面，钢铁市场与原材料本身供需的变化，带来价格的大范围波动。

本周国内铁矿石市场继续延续下行态势，整体价格自5月底高点拦腰斩断；焦煤价格上涨较为凶猛，带动焦炭价格跟随上涨，部分地区焦企受到环保政策因素影响有限产行为，整体供应压力依然存在。

受到粗钢产量压减、两高项目整治以及能耗双控等因素的影响，钢厂减产、停产导致焦炭需求小幅回落，但目前钢厂库存偏低且双节临近，钢厂对焦炭的需求仍存。

Posted by ming > 2021-09-23 20:05 | Report Abuse

Long has more demand than flat now

Posted by MaBadri > 2021-09-23 20:41 | Report Abuse

Soon 2.80

Posted by 8u29song > 2021-09-24 09:42 | Report Abuse

if you are familiar with this stock, those syndis are always patiently collecting for some time....

Posted by information > 2021-09-27 20:19 | Report Abuse

https://qz.com/2060156/chinas-cuts-have-made-steel-prices-soar-and-iron-ore-prices-crash/

“We expect China’s crude steel production will fall over the long term,” says Steve Xi, a senior consultant at research firm Wood Mackenzie. “As a heavy-polluting industry, the steel industry will remain a key sector in China’s environmental protection work in the next few years.”

Posted by information > 2021-09-27 20:21 | Report Abuse

https://fortune.com/2021/07/08/steel-prices-2021-going-up-bubble/

"I don't think we've hit the peak for steel prices. Most people in the market see strength through the third quarter, and some don't see it getting better on the buying side until 2022 sometime," Schier says. "It is just that supply is that tight. People are scrambling for material."

Another factor: Consolidation. Two major acquisitions last year by steelmaking titan Cleveland-Cliffs—AK Steel for $1.1 billion and U.S. steel mills from ArcelorMittal for $1.4 billion—has essentially made the steel industry a duopoly. That firm grip by Cleveland-Cliffs and United States Steel Corporation on the market, Schier says, leaves them with little incentive to increase production. After all, creating more supply would only mean their prices would fall.

The other wildcard at play are global supply chains issues. In particular, the chip shortage which is hampering new car production. Once the chip shortage is resolved, the automotive industry is expected to ramp-up. More cars rolling off production lines, means more steel demand.

Posted by Invest_888 > 2021-09-29 09:17 | Report Abuse

Steel prices goes up 3 consecutive days and is in 2 weeks high.

Posted by skyjet > 2021-09-29 10:58 | Report Abuse

China steel price dropping today.

Posted by probability > 2021-09-29 11:05 | Report Abuse

https://www.theedgemarkets.com/article/ann-joo-achieves-cost-leadership-among-steel-players

Ann Joo has become one of the most cost-efficient steel players after it successfully developed and incorporated the hybrid blast furnace-electric arc furnace (BF-EAF) technology into the steel production flow. This BF-EAF technology allows Ann Joo to enjoy better cost control in raw-material input and operational flexibility through adjusting the usage of the feedstock such as iron ore, coke and scrap metal for manufacturing of steel products. The flexibility in switching the ratio of feedstock enables the group to manage the input cost efficiently based on the market-price fluctuation of the raw materials. In addition, the off-gas that is produced during the manufacturing process can be used to support the rolling-mill process instead of using natural gas, which can help further lower total cost of production. Hence, the group has achieved cost leadership through cost optimisation in production, which helps it produce relatively cheaper steel products with better margins in comparison with other domestic players.

Posted by probability > 2021-09-29 11:10 | Report Abuse

product ASP:

http://www.sunsirs.com/uk/prodetail-927.html

raw mat ASP:

https://markets.businessinsider.com/commodities/iron-ore-price

Posted by Invest_888 > 2021-09-29 11:44 | Report Abuse

Hiaptek and Annjoo enjoy most steel counters can't afford with much lower iron ore price and process it by blast furnace to the custome made steel. This non-stop process result in saving electricity, efficiency and much higher profit margin.

Annjoo put efforts to maximise the use of Blast Furnace Gas for renewable energy generation through its Top Pressure Recovery Turbine.

Posted by information > 2021-09-29 14:07 | Report Abuse

Ann Joo at 12% margin generating 15 cents EPS per QTR

Many people dont realize the above

Just another 10% margin expansion, easily 30 cents per qtr and that is with only operation of 2 months in that quarter.

Both product ASP rise and raw material ASP reduction, each of them independently, has higher magnitude than 10% change...

Posted by probability > 2021-09-29 14:52 | Report Abuse

@information, well said.

Posted by BursaRangers > 2021-09-29 20:22 | Report Abuse

https://klse.i3investor.com/blogs/BursaRangersTechnicalPicks/2021-09-29-story-h1591814523-BursaRangers_Daily_Technical_Picks_30_September_2021.jsp

Posted by probability > 2021-09-30 10:53 | Report Abuse

Why are steel prices so high when iron ore prices have crashed? Because: China

https://qz.com/2060156/chinas-cuts-have-made-steel-prices-soar-and-iron-ore-prices-crash/

Posted by probability > 2021-09-30 10:54 | Report Abuse

“We expect China’s crude steel production will fall over the long term,” says Steve Xi, a senior consultant at research firm Wood Mackenzie. “As a heavy-polluting industry, the steel industry will remain a key sector in China’s environmental protection work in the next few years.”

Posted by Invest_888 > 2021-10-01 09:28 | Report Abuse

Steel prices in China goes up 4 consecutive days and is almost 2 months high and near the record high.

Due to limitattion of electricity in China, high power usage in steel industry faces more and more factory shutdown problem.
This time might be best chances to buy steel stock.

Annjoo exports more than 60% steel products to China.

Posted by probability > 2021-10-01 15:54 | Report Abuse

Kenanga bullshit a lot - nothing said on Iron Ore price decline. Inventory of Annjoo at the end of June maintains the same as end of March. Its pure lie saying inventory usage.

Truth will reveal itself..

Posted by probability > 2021-10-01 16:17 | Report Abuse

asp of local billet and rebar had been uptrend from june till end of sept and now from MITI publishing

it also shows iron ore rapid price decline from july..

Posted by probability > 2021-10-02 03:38 | Report Abuse

Extremely informative video: May 2021 by Annjoo

https://www.youtube.com/watch?v=eMdmVZcE1r8

Essential Minutes:
0.29 - 0.34 (5 min)
1.06 - 1.13 (7 min)
1.38 = 1.50 (12 min)

Posted by babanono > 2021-10-03 16:44 |

Post removed.Why?

Posted by Jerichomy > 2021-10-06 16:08 | Report Abuse

Run as annjoo last leg up due to funds lari to oil

Posted by Jerichomy > 2021-10-06 16:08 | Report Abuse

Mayday mayday

Posted by ming > 2021-10-09 15:11 | Report Abuse

During commodities spike period, who has the most inventory who is the KING

Posted by Invest_888 > 2021-10-10 14:29 | Report Abuse

China faces energy shortage and reduce steel production significantly.
USA faces steel shortage too.
Japan cut steel production since the beginning of 2021

No wonder steel price is at record high price now.
Steel stock hits history high level is highly possible now.

Posted by SandCoffee > 2021-10-11 13:19 | Report Abuse

Just wondering why they're making loss in year 2019 & 2020?

Posted by Maxsuper > 2021-10-12 21:55 | Report Abuse

...... otw to blue chip...

Posted by freddiehero > 2021-10-12 21:59 | Report Abuse

after 3.0 it call limit up

Posted by probability > 2021-10-13 23:32 | Report Abuse

What does China’s power policy shift mean for metal makers, other energy hogs?

Wednesday, 13 Oct 2021

https://www.malaymail.com/news/money/2021/10/13/what-does-chinas-power-policy-shift-mean-for-metal-makers-other-energy-hogs/2013129

Going forward, as generators pass on some rising costs to consumers and raise power supplies, power-hungry industries such as steel, aluminium, cement and chemical producers are expected to face higher and more volatile power costs as previous fixed-cost arrangements are replaced by market-based pricing.

How will output of key metals be affected by this?

Analysts say China’s world-leading steel industry may be forced to cut output from electric arc furnaces (EAF), which account for roughly 15 per cent of China’s total steelmaking capacity.

Electric furnaces run on electricity and so emit fewer emissions than traditional blast furnaces, but have high power needs.

“The broad story is that there will be an increase in steelmaking costs, more so for EAF. This could amount to around 4.5 per cent of current rebar prices, which are currently at (5,860 yuan per tonne),” according to Li Wang, senior steel analyst at consulting firm CRU.

China is also restricting traditional steel output through mid-March next year to reduce smog, which may further underpin steel prices.

Posted by probability > 2021-10-13 23:33 | Report Abuse

The above is jackpot news for Blast furnace (BF) steel producers - for those who understand

Posted by optimushuat > 2021-10-14 09:30 | Report Abuse

coming quarter very good result

Posted by striker888 > 2021-10-14 10:09 | Report Abuse

Probability, what the hell are you smoking? Apparently you have no idea what you are talking about, lol

Posted by probability > 2021-10-14 11:36 | Report Abuse

sifu...what happened,,,kindly enlighten

Posted by striker888 > Oct 14, 2021 10:09 AM | Report Abuse

Probability, what the hell are you smoking? Apparently you have no idea what you are talking about, lol

Posted by ElongMask > 2021-10-14 21:03 | Report Abuse

Chinese government has asked steel mills in some 28 cities in northern China to cut production in the winter heating season – from November 15 to March 15, 2022 in order to clear the smog-blanketed sky in the region and to ensure the achievement of the country’s steel output reduction target.

Steel mills will have to follow their 2021 output cut plans and maintain cuts of at least 30% in steel production from January 1 to March 15, 2022, from the level in the same period in 2021, according to a statement issued by China’s Ministry of Industry and Information on Wednesday.

https://www.sharecafe.com.au/2021/10/13/iron-ore-hit-hard-as-beijing-cuts-steel-production-again/

Posted by LouisLim > 2021-10-15 14:47 | Report Abuse

China steel price rebound strongly now.

Posted by ElongMask > 2021-10-19 14:23 | Report Abuse

https://stockhead.com.au/resources/monsters-of-rock-china-makes-headway-on-steel-cuts-but-aussie-iron-ore-miners-not-feeling-the-pressure/?amp

Posted by SuperPanda > 2021-10-26 13:54 | Report Abuse

some insight on annjoo might be useful to view, pls add www. at the link to accesss the instagram

instagram.com/p/CVevodpp88l/?utm_medium=copy_link

Posted by Ioriyagamii > 2021-10-27 22:42 |

Post removed.Why?

Posted by Jhau65 > 2021-10-27 22:47 | Report Abuse

The Malaysia government is considering to implement a temporary ban / increase tax on the export of steel to ensure the local steel industry has a sufficient supply of raw material to maintain its operations.

Posted by ElongMask > 2021-10-28 00:20 | Report Abuse

U think Malaysia is CCP ah? Ban export? U sort jor izzit? If this case happen, Malaysia should ban Petronas from exporting crude oil also, to ensure Malaysian have cheap oil to use.

Use your brain to think.