Find it hard to understand where the steel bar demand comes from given the limited construction activities in respect of workers at site coupled with the fact construction activities may be halted in the event number of C19 cases increase among workers. Quarantine and pcr testing will need to be carried out before any activities can commence. Steel price may go up due to material shortage but there must be demand in the first place. The current situation is rather daisy....
Blog: Cheaper iron ore price and rising steel price will benefit Hiap Teck - Koon Yew Yin
2021-08-14 11:04 | Report Abuse
Find it hard to understand where the steel bar demand comes from given the limited construction activities in respect of workers at site coupled with the fact construction activities may be halted in the event number of C19 cases increase among workers. Quarantine and pcr testing will need to be carried out before any activities can commence. Steel price may go up due to material shortage but there must be demand in the first place. The current situation is rather daisy....