Posted by Tobby > 2022-03-02 14:25 | Report Abuse

We can see that price of steel is rebounding strongly after Ukraine war first started! The reason is, supply of iron will be limited in coming days!
And supply of steel will surely dwindled! This will be a huge advantage for steel manufacturers in short term! We should see fantastic quarters!
However, this has yet been reflected in our steel stocks! Buy on dip!

Posted by Beltland > 2022-03-02 14:32 | Report Abuse

No reason for KLSE steel counters to keep slipping down .

The only possible killing factor is government suspended anti dumping duties for steel industry ?

Posted by AlsvinChangan > 2022-03-02 16:05 | Report Abuse

The Regional Comprehensive Economic Partnership (RCEP), the world's largest free trade agreement, will finally be effective for Malaysia on March 18.

China steel ZERO tariffs

Posted by Beltland > 2022-03-02 16:53 | Report Abuse

China steel ZERO tariffs.


Ans : China will not export cheap price steel at the expense of her environmental pollution problem to the word market any more !

Posted by Tobby > 2022-03-02 17:07 | Report Abuse

China already closing down on polluting steel factories! So there's no issue of China dumping steel in the future! The problem is, China will have to import steel instead!