Posted by WiseEar > 2021-10-28 00:27 |

Post removed.Why?

Posted by trustmenojoke > 2021-10-29 09:46 | Report Abuse

good to buy back. steel sector is still solid, especially counters like annjoo

Posted by Bgt 9963 > 2021-10-29 09:49 | Report Abuse

Accumulation mode !

Posted by Wyko > 2021-10-29 13:47 | Report Abuse

where is the link ?

Posted by Star8888 > 2021-11-01 18:02 | Report Abuse

China steel price drop to 4509 today. Be careful.

Posted by Star8888 > 2021-11-02 08:53 | Report Abuse

China steel price drop to 4455 today.

Posted by Bgt 9963 > 2021-11-02 09:27 | Report Abuse

Over sold yesterday !

Posted by Star8888 > 2021-11-02 09:44 | Report Abuse

US Steel drop 2.73% and Steel Dynamics drop 2.83% last night.

Posted by Star8888 > 2021-11-02 11:27 | Report Abuse

China steel price drop to Rmb4245 today. Drop 7.7% today.

Posted by Jhau65 > 2021-11-02 12:16 | Report Abuse

China steel players like Angang steel is crashing.

Be careful !!!

Posted by SpartanXoXo > 2021-11-02 15:14 | Report Abuse

habis la if like that, the hype is over..

Posted by trustmenojoke > 2021-11-02 17:26 | Report Abuse

oversold counter.

Posted by probability > 2021-11-03 05:05 | Report Abuse

Raw material Iron Ore % Coal price dropped by over 40% compared to August

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

https://tradingeconomics.com/commodity/coal


while finished good steel dropped less than 16% within the same period

https://tradingeconomics.com/commodity/steel


This is expected as the coal supply and iron ore supply is more than China's demand by the shut down of polluting Blast Furnace steel makers there


Our local Blast Furnace steel makers margins is only expanding... precious opportunity to accumulate to those who have done the maths

the above truth will reveal itself

Posted by probability > 2021-11-03 05:08 | Report Abuse

European Coal Price Drops Below $100 as China Boosts Output

1 November 2021

https://www.bloomberg.com/news/articles/2021-11-01/european-coal-price-drops-below-100-as-china-boosts-output

https://assets.bwbx.io/images/users/iqjWHBFdfxIU/imo6f1ae2po4/v2/775x-1.png

Posted by probability > 2021-11-03 05:10 | Report Abuse

China’s coal shortage eases after Beijing steps in, report says
PUBLISHED TUE, NOV 2

https://www.cnbc.com/2021/11/02/chinas-coal-shortage-eases-after-beijing-steps-in-cba-report-shows.html

Posted by Star8888 > 2021-11-04 22:16 | Report Abuse

China steel price big drop again. Drop to rmb 4140 now.

Posted by Star8888 > 2021-11-05 12:11 | Report Abuse

Annjoo drop below 200 SMA.

Posted by nakata > 2021-11-07 20:53 | Report Abuse

anyone please enlighten the reason of price drop in china ?

Posted by Star8888 > 2021-11-08 09:29 | Report Abuse

China steel price drop again this morning.

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

China steel price 4263 now.

Posted by nakata > 2021-11-08 21:32 | Report Abuse

any idea why the steel price keep dropping?

Posted by SuperPanda > 2021-11-09 08:36 | Report Abuse

looks good to enter below 2.20, can take a look on below insta sharing, hope it helps

www.instagram.com/p/CWBfuF5PCXW/?utm_medium=copy_link

Posted by Star8888 > 2021-11-09 08:51 | Report Abuse

China steel price drop 1.83% today.
https://tradingeconomics.com/commodity/steel

Posted by imvu > 2021-11-09 09:41 | Report Abuse

sudah oversold , bila nak rebound .

Posted by Star8888 > 2021-11-09 15:20 | Report Abuse

China steel price 4257 now

Posted by jutawansenyap > 2021-11-09 15:42 | Report Abuse

Rebound this 1 2 days. Minimum 10%

Posted by Jerichomy > 2021-11-10 09:13 | Report Abuse

Yup i agree so dont aversge down….. it will be like serbak and scib case until epf sold directly to karim

Posted by Star8888 > 2021-11-10 10:22 | Report Abuse

China steel price drop 5% to rmb 4082 now.

Posted by hantamking > 2021-11-10 12:43 | Report Abuse

1 trillian infrastructor bil , power of steel coming already

Posted by jutawansenyap > 2021-11-10 13:04 | Report Abuse

Wait below 2

Posted by jutawansenyap > 2021-11-10 15:13 | Report Abuse

Chart already bottom

Posted by nakata > 2021-11-10 20:44 | Report Abuse

possible go to 1.90? i doubt and loaded quite today, hopefully the decision was right :)

Posted by ming > 2021-11-11 14:44 | Report Abuse

China rebar futures almost hit limit up liao~ wow

Posted by learningdaily > 2021-11-15 15:30 | Report Abuse

good price to buy Annjoo?

Posted by hantamking > 2021-11-18 23:29 | Report Abuse

https://www.theedgemarkets.com/article/tashin-3qfy21-profit-rises-800-higher-steel-prices-declares-two-sen-dividend?type=corporate

Steel counter follow too ^^ good result , cheers ya

Posted by Keyman188 > 2021-11-20 10:12 | Report Abuse

CSC Steel 3Q earnings fall 21.7% amid MCO-led production disruptions

(theedgemarkets.com / November 19, 2021 22:06 pm +08)


"Despite the increase in steel prices, actual trade was weaker than in the second quarter. Steel demand and price trends in the fourth quarter are forecast to be less than expected, as the current industry boom is hindered by pandemic issues, power cuts in China, aggressive sales of hot-rolled steel from India and Russia, and a slowdown in the domestic construction industry," it noted.


## https://www.theedgemarkets.com/article/csc-steel-3q-earnings-fall-217-amid-mcoled-production-disruptions

Posted by Keyman188 > 2021-11-20 10:12 | Report Abuse

^^^This is great WARNING signal for steel industry...

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

Is time to wait 40c

Posted by Primeinvestor > 2021-11-22 15:49 | Report Abuse

malaysia steel price barely drop even china drop, because china don come in and flood and export steel anymore, so those who thinks they will make lesser profit lol, u are dead wrong

Posted by SuperPanda > 2021-11-23 00:15 | Report Abuse

last week rebar price rm3.5K/tonne, annjoo going to report higher profit compare to prev qr

bought 2.03 today, by mid dec can sell for >2.50

Posted by Primeinvestor > 2021-11-23 12:03 | Report Abuse

people shouldnt buy msia steel using china price, china don even sell it here, funny

Posted by TanDavid88 > 2021-11-23 12:13 | Report Abuse

KLSE is a bear market, investors are only interested on the bad news and forget about the good news.
Sad for KLSE.
Steel rebar is still selling at RM 3,100 to 3,250 in Malaysia.
Investors are following China steel rebar future price to determine steel stocks in KLSE.

Posted by Primeinvestor > 2021-11-24 11:28 | Report Abuse

ya malaysia investor still think china will dump their prices here, haha, it is when you buy now

Posted by cashsssss > 2021-11-24 14:21 | Report Abuse

may i know where to see china steel price price live ?

Posted by leehome68 > 2021-11-24 15:08 | Report Abuse

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

Posted by vjleo1138 > 2021-11-25 15:37 | Report Abuse

run?

Posted by Bennychua007 > 2021-11-25 17:52 | Report Abuse

Ran ...don't hold..fkk counter

Posted by lee901 > 2021-11-25 23:32 | Report Abuse

Steel price to ease in 2022 as rally is over

https://capital.com/steel-price-to-ease-in-2022-as-rally-is-over

Posted by lee901 > 2021-11-27 14:44 | Report Abuse

China’s steel-related manufacturing production index slips in October | Hellenic Shipping News Worldwide
https://www.hellenicshippingnews.com/chinas-steel-related-manufacturing-production-index-slips-in-october/

Posted by nakata > 2021-11-29 22:00 | Report Abuse

with EPS 12.7 cents, quarter report not bad ....observed many companies have the impact from pandemic