Good Buy, don't miss the opportunity....

Expect Q1 2018 good result with higher sales volume.....

生意社04月11日讯
　　3月26日上午9时30分，由中冶赛迪设计、设备成套，上海宝冶施工的马来西亚关丹联合钢铁1号高炉成功点火烘炉，本次烘炉时间将持续10天，为高炉开炉做最后的准备。这是继2月8日1号高炉热风炉点火烘炉成功后的又一关键节点，标志着联合钢铁进入全面迎接投产的冲刺阶段。

　　联合钢铁炼铁工程包含2座1080立方米高炉，是目前马来西亚容积最大、工艺最先进的高炉。高炉项目采用了中冶赛迪具有自主知识产权的新型无料钟炉顶控制关键技术、顶燃式热风炉技术、炉缸、炉身长寿技术、紧凑式“一罐制”铁水运输工艺技术、联合出铁场设计技术、高效底滤法水渣处理技术等，保证高炉系统稳定、高效、低耗、绿色、智能化生产。

　　马来西亚联合钢铁项目于2016年11月21日正式开工，2017年11月20日1号高炉整体封顶，2018年2月8日1号热风炉成功点火烘炉，1号高炉3月22日具备烘炉条件，3月26日正式点火烘炉，共历时16个月，在全厂各参建单位承担的主体单元中、率先实现点火，在联钢工地中树立了中冶集团的标杆风范，赢得了业主、项目管理、设计成套供应等各方高度认可和赞赏。

　　马来西亚联合钢铁项目是国家“一带一路”倡议的重点项目，也是国际产能创新合作的示范性项目，炼铁单元作为本项目最核心的单元，1号高炉的成功点火烘炉拉开了全厂贯通投产的序幕，也标志着国家“一带一路”倡议即将在马来西亚迎来收获期。

生意社04月11日讯
　　3月26日上午9时30分，由中冶赛迪设计、设备成套，上海宝冶施工的马来西亚关丹联合钢铁1号高炉成功点火烘炉，本次烘炉时间将持续10天，为高炉开炉做最后的准备。这是继2月8日1号高炉热风炉点火烘炉成功后的又一关键节点，标志着联合钢铁进入全面迎接投产的冲刺阶段。

　　联合钢铁炼铁工程包含2座1080立方米高炉，是目前马来西亚容积最大、工艺最先进的高炉。高炉项目采用了中冶赛迪具有自主知识产权的新型无料钟炉顶控制关键技术、顶燃式热风炉技术、炉缸、炉身长寿技术、紧凑式“一罐制”铁水运输工艺技术、联合出铁场设计技术、高效底滤法水渣处理技术等，保证高炉系统稳定、高效、低耗、绿色、智能化生产。

　　马来西亚联合钢铁项目于2016年11月21日正式开工，2017年11月20日1号高炉整体封顶，2018年2月8日1号热风炉成功点火烘炉，1号高炉3月22日具备烘炉条件，3月26日正式点火烘炉，共历时16个月，在全厂各参建单位承担的主体单元中、率先实现点火，在联钢工地中树立了中冶集团的标杆风范，赢得了业主、项目管理、设计成套供应等各方高度认可和赞赏。

　　马来西亚联合钢铁项目是国家“一带一路”倡议的重点项目，也是国际产能创新合作的示范性项目，炼铁单元作为本项目最核心的单元，1号高炉的成功点火烘炉拉开了全厂贯通投产的序幕，也标志着国家“一带一路”倡议即将在马来西亚迎来收获期。

生意社04月11日讯
　　3月26日上午9时30分，由中冶赛迪设计、设备成套，上海宝冶施工的马来西亚关丹联合钢铁1号高炉成功点火烘炉，本次烘炉时间将持续10天，为高炉开炉做最后的准备。这是继2月8日1号高炉热风炉点火烘炉成功后的又一关键节点，标志着联合钢铁进入全面迎接投产的冲刺阶段。

　　联合钢铁炼铁工程包含2座1080立方米高炉，是目前马来西亚容积最大、工艺最先进的高炉。高炉项目采用了中冶赛迪具有自主知识产权的新型无料钟炉顶控制关键技术、顶燃式热风炉技术、炉缸、炉身长寿技术、紧凑式“一罐制”铁水运输工艺技术、联合出铁场设计技术、高效底滤法水渣处理技术等，保证高炉系统稳定、高效、低耗、绿色、智能化生产。

　　马来西亚联合钢铁项目于2016年11月21日正式开工，2017年11月20日1号高炉整体封顶，2018年2月8日1号热风炉成功点火烘炉，1号高炉3月22日具备烘炉条件，3月26日正式点火烘炉，共历时16个月，在全厂各参建单位承担的主体单元中、率先实现点火，在联钢工地中树立了中冶集团的标杆风范，赢得了业主、项目管理、设计成套供应等各方高度认可和赞赏。

　　马来西亚联合钢铁项目是国家“一带一路”倡议的重点项目，也是国际产能创新合作的示范性项目，炼铁单元作为本项目最核心的单元，1号高炉的成功点火烘炉拉开了全厂贯通投产的序幕，也标志着国家“一带一路”倡议即将在马来西亚迎来收获期。

Look at below latest news update:

https://www.yahoo.com/finance/news/china-says-fight-back-cost-against-u-trade-063945463--finance.html


Trump threatens more China tariffs, Beijing ready to hit back
Reuters By Michael Martina and Steve Holland,Reuters 1 hour 47 minutes ago
Reactions Reblog on Tumblr Share Tweet Email
Scroll back up to restore default view.
By Michael Martina and Steve Holland

BEIJING/WASHINGTON (Reuters) - China warned on Friday it was fully prepared to respond with a "fierce counter strike" of fresh trade measures if the United States follows through on President Donald Trump's threat to slap tariffs on an additional $100 billion of Chinese goods.

Trump, in light of what he called China's "unfair retaliation" against earlier U.S. trade actions, had upped the ante on Thursday by ordering U.S. officials to identify extra tariffs, escalating a tit-for-tat confrontation with potentially damaging consequences for the world's two biggest economies.

China's Commerce Ministry spokesman, Gao Feng, called the U.S. action "extremely mistaken" and unjustified, adding that the spat was a struggle between unilateralism and multilateralism. He also said no negotiations were likely in the current circumstances.

"The result of this behavior is to smash your own foot with a stone," Gao told a news briefing in Beijing. "If the United States announces an additional $100 billion list of tariffs, China has already fully prepared, and will not hesitate to immediately make, a fierce counter strike."

While U.S. officials said they were prepared to talk the issues through with China, there was no clear path to communication. Both Treasury Secretary Steve Mnuchin and Trump economic advisor Larry Kudlow were on television to promote the idea of talks, with Mnuchin telling CNBC "we are in communication regularly".

Gao was speaking shortly after Trump defended his proposed tariffs on U.S. radio, saying the move might cause "a little pain" but the United States will be better off in the long run.

Asked in an interview with New York station WABC about the effect on U.S. stock markets, Trump said the market has gone up (since he took office) "so we might lose a little bit of it."

"So we may take a hit and you know what, ultimately we're going to be much stronger for it."

MrPauper, time will prove my statement especially US big drop to9 more than 600 points.

Don't tell me next monday SSteel won't drop more than 1.60....

Every time China and US proposed tariff, market will definitely react and will deliver the negative sentiment, doesn't means we need to wait US/China to really implement the tariff only you realise the impact, That IS TOO LATE!!!!

At that time SSTeel may drop to 1.30 or lower....

My intention is to let invester to understand share market now is very volatile and buy it carefully, if u have holding power, hold it and wait for rebound, for me i predict it will go lower and lower, that is my estimation, nothing wrong and u also no need to so anxious and feel pain when someone to predict lower SSteel price, i am just a small invester and unable to influence SSteel price.

Those people who saw my above message and sell 1.65 to 1.76, may want to thanks for my advise, as they can buy cheaper next monday.

Don't be happy with current malaysia rebar price, if trade war escalate to overall with high tariff for more than 1000 items both US and China products, steel price will suffer big drop definitely.

China Rebar price can turn to below CNY3,000 easily, that time malaysia need to follow international market price, below RM2,400.

The impact is very big like a chain link from one to another.....

Beware!!!

Don't be happy with current malaysia rebar price, if trade war escalate to overall with high tariff for more than 1000 items both US and China products, steel price will suffer big drop definitely.

China Rebar price can turn to below CNY3,000 easily, that time malaysia need to follow international market price, below RM2,400.

The impact is very big like a chain link from one to another.....

Beware!!!

Don't be happy with current malaysia rebar price, if trade war escalate to overall with high tariff for more than 1000 items both US and China products, steel price will suffer big drop definitely.

China Rebar price can turn to below CNY3,000 easily, that time malaysia need to follow international market price, below RM2,400.

The impact is very big like a chain link from one to another.....

Beware!!!

if china announce to impose another 3rd wave of tariff on US products, then no eye to see liao.....Southern steel is heading to 1.50 soon

if china announce to impose another 3rd wave of tariff on US products, then no eye to see liao.....

As my previous predict, Trump is u-turn again for trade war fear to market, More fear and drop to come, Anjoo is heading to 2.70

As my previous predict, Trump is u-turn again for trade war fear to market, More fear and drop to come, Anjoo is heading to 2.70

i cancel all my order, waiting for this friday closing price, i have a bad feeling SSteel will break 1.52 soon this week.

i cancel all my order, waiting for this friday closing price, i have a bad feeling Annjoo will break 2.70 soon this week.

Sold all on 03/04 at 1.83, lucky. Waiting to buy back 1.59

Sold all on 03/04 at 3.10, lucky. Waiting to buy back 2.86 and 2.82

China's blast furnace steelmakers and mini mills continued to enjoy robust profits over the first two months of this year, with their combined margins skyrocketing 97.7% year on year to Yuan 52.7 billion ($8.4 billion).
China’s blast furnace steelmakers and mini mills continued to enjoy robust profits over the first two months of this year, with their combined margins skyrocketing 97.7% year on year to Yuan 52.7 billion ($8.4 billion), according to new National Bureau of Statistics (NBS) data tabled on March 27. “The mills’ profits

That is the time start to collect all cheap steel counter, all malaysia steel still have good prospect and able to earn good profit, the current price does not reflect the true value of company, grad the opportunity and buy for mid term.

Steel theme play will come back within 6 months especially end of May 2018 their announcement of quarter results.

My first choice has changed to Annjoo, second to Ssteel.

Go to check Annjoo the dividend yield is very attractive, i believe it can sustain till year 2020.

As long as China continue to cut capacity, the steel price will sustain......

That is the time start to collect all cheap steel counter, all malaysia steel still have good prospect and able to earn good profit, the current price does not reflect the true value of company, grad the opportunity and buy for mid term.

Steel theme play will come back within 6 months especially end of May 2018 their announcement of quarter results.

My first choice has changed to Annjoo, second to Ssteel.

Go to check Annjoo the dividend yield is very attractive, i believe it can sustain till year 2020.

As long as China continue to cut capacity, the steel price will sustain......

JN88, still holding Masteel? my recommend turn to Annjoo and SSteel, much safer and
have chance to fight......I expect their next Q will be good.....

Masteel to me a bit unsafe, their profitability is much lower.....

Good statement :

"If we do start to hear more favourable news from the US administration and indeed from the Chinese side over the next few trading sessions, then we may see a sharp reversal of the recent moves in the market," said Nick Twidale, chief operating officer at Rakuten Securities Australia.

It will be strong rebound, no chance to buy low at that time...........

U see Korea, Europe has give exemption....China maybe next.....US can not sustain their economy growth without trade with China......

I stick to believe my judgement, what is your judgement? don't listen to other Bad rumours which will influence your judgement...

SYDNEY (March 26): US stock futures led global shares higher on Monday after reports that the United States and China have quietly started negotiations to improve US access to Chinese markets eased fears of a trade war between the two economic giants.

E-Mini futures for the S&P 500 leaped more than 1% while Japan's Nikkei erased earlier losses of 1.3% to end 0.7% higher.

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.4%, flipping back to positive territory from a 0.5% fall.

European shares ticked up on opening, with Germany's Dax, France's Cac and Britain's FTSE all about 0.3% higher.

The Wall Street Journal reported US Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer listed steps that Washington wants China to take in a letter to Liu He, a newly appointed vice premier who oversees China's economy.

Signs of talk between the two economic giants allayed fear of an escalating trade war, sparked after US President Donald Trump moved to slap tariffs on Chinese goods, on top of import duties on steel and aluminium, prompting a defiant response from Beijing.

The United States also agreed to exempt South Korea from steel tariffs, imposing instead a quota on steel imports as the two countries renegotiate their trade deal.

South Korea's benchmark share index rose 0.8%.

"If we do start to hear more favourable news from the US administration and indeed from the Chinese side over the next few trading sessions, then we may see a sharp reversal of the recent moves in the market," said Nick Twidale, chief operating officer at Rakuten Securities Australia.

Still many investors remained cautious given the high level of uncertainty on where any bilateral negotiations may lead.

Time will prove my predict, within 3 months will be realised, that time steel counter will back to normal again.....

Take chance to buy low now....

Time will prove my predict, within 3 months will be realised, that time steel counter will back to normal again.....

Take chance to buy low now....

Did u believe trade war will really happen?? I personally not believe, it is purely political game for Trump only.......

US won't be so stupid to make a bomb and suicide with others.....

Did u believe trade war will really happen?? I personally not believe, it is purely political game for Trump only.......

US won't be so stupid to make a bomb and suicide with others.....

Today should have start call more margin call for all steel counters......

Prefer those wtith high dividends stock, when market good, they will the 1st to up also....

Many people sell, nobody want, but i want and want more, please drop more as not till my target price to buy 100%.....

Many people sell, nobody want, but i want and want more, please drop more as not till my target price to buy 100%.....

just bought in today 3.05, good entry.....if after count dividend is consider buy 2.93!!!

Just bought in today 1.70, good entry!!

Masteel once break 0.70, will further down to 0.65

As I predict previously, parking aside and play safe, trade war is firm to start engine and more worst new to come.remember don’t scare no chance to buy cheap as you don’t know how low market will drop, beware!!!!

Signs are growing for a global trade war that could trigger a recession, Deutsche Bank says

https://www.cnbc.com/2018/03/19/signs-growing-for-global-trade-war-that-could-trigger-recession-deutsche-bank.html?recirc=taboolainternal

if use CNY3612 convert RM2,240

Plus M'sia Tariff 13% RM290 & transport estimate RM200

Total cost from China still ard RM2730

As local steel price have big gap compare china price, however this gap have narrow
down. China price further drop definitely will affect local steel price.

As per my earlier predict, china start to reflect the impact of US tariff rate,

Rebar price has been dropped from Feb 18 CNY 4120 to now 3612 only.

Already dropped more than CNY500++

More to come....





Stock: [MASTEEL]: MALAYSIA STEEL WORKS (KL)BHD

Mar 19, 2018 09:58 AM | Report Abuse

The drop is just started, more to come....

US tariff start to implement should start on tomorrow.......

Trump have signed on tariff policy, not so easy to U-turn....

The whole world supply need to absorb the surplus from US stop import....

Will hit china steel price as Japan, Korea, Turkey, Euro and more countries supply will look for other market end up steel price will drop in short term...

This highly depend how many china capacity going to cut this year? another 50 mil tonnes? CHina government target to cut 30 to 40 mil tonnes this year, only china raise their target 30-40 to 80-100 then steel price will only maintain current level...

Personally, i really hope the trade war can arise, therefore create opportunity to buy cheap later.....

waiting for golden opportunity.......

I really look down US tariff rate, hope Euro and china start the trade ware to US, end up force US to cancel tariff...then will create market fluctuate rate to rocket high.....

The drop is just started, more to come....

US tariff start to implement should start on tomorrow.......

Trump have signed on tariff policy, not so easy to U-turn....

The whole world supply need to absorb the surplus from US stop import....

Will hit china steel price as Japan, Korea, Turkey, Euro and more countries supply will look for other market end up steel price will drop in short term...

This highly depend how many china capacity going to cut this year? another 50 mil tonnes? CHina government target to cut 30 to 40 mil tonnes this year, only china raise their target 30-40 to 80-100 then steel price will only maintain current level...

The most benefit of US tariff is Canada and Mexico, they can sell higher price. High profit margin, however only for 1 month and may be not exempted if their country not fulfill US term and conditions.

The worst part is trade war, if happen, steel price will drop more as there may also affect automobile industries, aerospace industries and many more.....

Unless US cancel tariff rate, then everything will back to normal.....

Scrap iron price is increase USD20 per ton from 380 to 400 now. a bit concern on Masteel Q1 COGS. It may repeated n Q4 high COGS thus Gross profit margin reduced to 1 year low with only 8% which is a red light signal. High sales price doesn't means can have high margin at current market trend.

Bought today 1.01, join this family....fun to play politic stock......

If compare Lion steel 1.14, Masteel should at same level with Lion, therefore count back to bonus ex 1.14/1.2/1.33333 = 0.72

Current price = 0.86

i will not wait till 0.72, however will start buy in <0.80, and to buy gradually till reach level 0.60 as my cut lost point.....

Masteel can buy back below 0.80 fair value as bottom price. It still has a lot of sell ticket going back to market.

If got opportunity, i will buy back gradually from 0.80 to 0.70.....

Good sign on Q1 2018 results?

Masteel Management start execute buy back at 0.965 to 0.985, weired....They sold not mistaken last batch at Dec 17, then now is the time to buy back?


http://www.bursamalaysia.com/market/listed-companies/company-announcements/5720045

Elon Musk sides with Trump on trade with China, citing 25% import duty on American cars
Elon Musk believes China isn't playing fair in the car trade with the U.S.
The auto executive says the Asian country puts a 25 percent import duty on American cars, while the U.S. only does 2.5 percent for Chinese cars in return.
"I am against import duties in general, but the current rules make things very difficult. It's like competing in an Olympic race wearing lead shoes," Musk tweets.



Next target, China Car need to impose tax from 2.5% up to 25% to import US.
US is bullying china apparently, how will China govert react?

US Tariff definitely affect the whole world.....

US Tariff up, US steel price up, inflation rate up....
US interest rate confirm up like rocket this year.....
US plp pay more interest, spending power drop, US company will get lesser profit or huge lost and bankcrupt...

More job to lost....
If US economy down, all products imports from other countries reduce....ends up also affect malaysia.

Time will prove above statement....

US tariff is just a beginning, More worst things to come....

Concerns of a global trade war

Trump said last Thursday that the U.S. would be imposing a 25 percent tariff on steel imports and 10 percent on aluminum, insisting such imports are a threat to national security. The announcement, which has received some criticism from within the president's party, has raised concerns all over the globe over a potential trade war.

The European Union is the first trade partner to present specific steps against the U.S., if Trump moves ahead with steel and aluminum charges. However, Canada has vowed to come up with its own countermeasures. Mexico, China and Brazil have also said they are considering steps to retaliate.

Last weekend, European Commission President Jean-Claude Juncker said Europe needed to take measures as a response to Trump's tariff threat. "This cannot be a unilateral transatlantic action by the Americans," he said. At the time, he mentioned possible taxes on Harley-Davidson, bourbon and Levi's.

https://www.cnbc.com/2018/03/07/eu-reveals-proposed-steps-against-trumps-metal-tariffs.html

EU trade chief comments on US tariffs EU trade chief comments on US tariffs
7 Mins Ago | 00:34
The European Union outlined a three-pronged response to proposed metals tariffs from President Donald Trump's U.S. administration on Wednesday.

Speaking at a press conference in Brussels, Cecilia Malmstrom, the EU's commissioner for trade, said the institution would take the case to the World Trade Organization and would coordinate its actions with other trade partners that are also against the proposed tariffs from the U.S.

She also said that Brussels has prepared a provisional list of U.S. products that would see higher tariffs from the EU, if Trump does indeed move ahead with the import taxes. This list has not been made public, but according to leaks in the media, the EU's tariffs could amount to 2.83 billion euros ($3.52 billion).

Lastly, she said that the EU was getting ready to put safeguard measures in place to prevent metal flooding in the EU, as a result of the tariffs.

"There are indications that President Trump, very soon, in the coming days, we don't know for sure, may sign-off a decision on import tariffs of 25 percent on steel and 10 percent on aluminum, which he announced on the March 1," Malmstrom said.

"This is done under something that's called section 232, which refers to internal or national security. We have serious doubts about that justification, we cannot see how the European Union's friends and allies in NATO can be a threat to national security in the U.S. We find that assumption deeply unjust," she added.

In the eyes of the EU, "the motivation of the U.S. is an economic safeguard measure in disguise, not national security measure," Malmstrom added. "That means the EU is entitled to make use of a WTO safeguard agreement to rebalance benefits that we have given to the U.S. in the past."