bbb79, u still hold?

can break 0.195 cts, mostly uptrend?

means 20/5/2014 + 120 days?

BBB79, this news being posted by sleepingtiger on 21/6/2014

Write a comment..The investigation was initiated following a petition from a domestic producer on May 20. A preliminary determination would be made within 120 days from the date of initiation.

high percentage government will pass the law to protect local steel player

ayam2, agree with u..

really hope be second gpharos

0.20 clear

BBB79, what news?

buying support bcum stronger & stronger

BBB79, is that selling pressur is higher than buying volume..?

yes.. 5 cts to 6 cts ard 20% profit

yup.same thinking with u, so i sell half my pworth-wa at 6 cts ard

will up like gpharos?

up again up again..

not easy uo to 0.07 cts. fr 0.05 cts to 0.06 cts ard 20% profit...

keep selling, earn around rn10k enuf..

holding price 0.05-0.055

i keep selling at 6 cts

sure la, i m the banker

fry fry fry...

進口鋼釘售價疑低於成本 美調查大馬及其他6國

財經環球20 Jun 2014 21:53
（吉隆坡20日訊）美國商業部指出，將調查從我國、印度、韓國、阿曼、台灣、土耳其和越南進口鋼釘在美國的出售價是否低于成本。

美國業者Mid Continent Steel & Wire有限公司同時投訴，進口商也受益于不公平的政府補貼。若申訴成功，或導致從印度進口的鋼釘被征收高達589.78%的進口稅。

國際貿易委員會將于7月14日前裁決進口的鋼釘是否對本地鋼釘業者造成損害。【中国报财经】

monday will fry?

Bs1688, yes Same as timber stk, can't understand y different fate?

In second sentence:

"The International Trade and Industry Ministry (Miti) said it would consider imposing a “preliminary anti-dumping duty” if the prices of imported hot rolled coils (HRC), chequered coils and pickled and oiled (P&O) coils from China, Indonesia and South Korea are found to be much lower than their own domestic market."

Miti will consider imposing a “preliminary anti-dumping duty” if the complaint is real. So, i think high possible government will lend a hand to local steel industry to take action imposing anti-dumping duty to oversea country.

THE STAR BUSINESS NEWS

Published: Wednesday June 18, 2014 MYT 12:00:00 AM
Updated: Wednesday June 18, 2014 MYT 6:53:42 AM

Govt to probe steel imports on claims cheap imports damaging domestic sector
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PETALING JAYA: The Government is investigating claims that cheap imports of several types of steel products have caused “material injury” to the operations of domestic steel millers.

The International Trade and Industry Ministry (Miti) said it would consider imposing a “preliminary anti-dumping duty” if the prices of imported hot rolled coils (HRC), chequered coils and pickled and oiled (P&O) coils from China, Indonesia and South Korea are found to be much lower than their own domestic market.

The investigation was initiated following a petition from a domestic producer on May 20. A preliminary determination would be made within 120 days from the date of initiation.

“If the preliminary determination is affirmative, the Government may impose a preliminary anti-dumping duty at the rate that is necessary to prevent further injury,” Miti said in a statement yesterday.

It said the petitioner alleged that imports of HRC, chequered coils and P&O coils originating in or exported from China, Indonesia and Korea are being dumped into Malaysia at a price much lower than the price in the domestic market of the alleged countries.

“The petitioner claims that this has caused material injury to the domestic industry in Malaysia,” Miti said.

The petitioner also claimed that the imports from the alleged countries have increased in terms of absolute quantity, which has resulted the petitioner to suffer material injury, among others, price depression, price suppression, loss of market share, reduction in domestic sales, decline in profitability and low return on investment.

In relation to this investigation, Miti has provided a set of questionnaires and called all interested parties (importers, foreign producers, exporters and associations) to request for the questionnaires no later than July 2.

“Interested parties are also invited to make their views known in writing, in particular by replying to the questionnaires with supporting evidence to Miti before July 27,” Miti said.

中韩印尼钢铁產品　大马展开反倾销调查

财经 2014年6月18日
（吉隆坡18日讯）政府將对中国、印尼及韩国进口的热轧钢铁、花纹钢铁及酸洗涂油钢铁產品展开反倾销调查。

国际贸易及工业部今日发文告表示，会在展开调查后120天內做初步裁决。若確定真有其事，政府將会对这些產品徵收反倾销税，以避免对行业造成进一步伤害。

贸工部已准备好一系列问卷，以进行调查工作，相关人士需在7月2日前索取问卷。

政府於今年5月20日接获来自本地商家的请愿书，要求对上述进口產品徵收反倾销税。

商家指出，来自这些国家的进口產品，以比本地市场低许多的价格进行销售。他们也表示，这已经对本地钢铁领域带来严重的伤害。【东方网财经】

jeffreykpy: 0.070

really cant predict what the banker r playing now..

lionind start moving, lioncor still sleeping?

i have notice that steel share price like lioncor,lionind, kinstel, perwaja, huaan, melewar, mycron, cscstel all in up-trend, is that any good news will announce by our government to local steel industry player recently?

sleeping tiger: seems like big shark try to sell out their on hand share at price 0.170 - 0.175..

JEFFREYKPY, hold less than shangharimau.. what game started?

will up like perwaja previously?

start goreng...??

KLSCCCI President, Tan Sri William Cheng pressure government on last month. Misif chairman Datuk Soh Thian Lai ( YKGI Managing Director ) also pressure government recently.

http://www.thestar.com.my/Business/Business-News/2014/06/09/Steel-millers-seek-govt-help-They-want-trade-remedy-measures-over-unfair-trade-practices-by-China-fi/

Published: Monday June 9, 2014 MYT 12:00:00 AM
Updated: Monday June 9, 2014 MYT 9:45:13 AM

Steel millers seek Govt help to deal with trade practices by China firms
by jack wong

Misif claims that many of the steel wire rods imported by Malaysia from China have negligible alloy contents but are declared alloy steel.

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KUCHING: Local steel millers will seek help from the Government to file trade remedy measures over alleged “unfair trade practices” of some Chinese steel manufacturers.

These manufacturers had allegedly exploited the loopholes in the China tax structure to take advantage of an export rebate of 9% to 13% by declaring their exports to Malaysia as alloy instead of steel.

According to Malaysia Iron and Steel Federation (Misif) president Datuk Soh Thian Lai, many of the steel wire rods imported by Malaysia from China had only 0.0008% alloy contents and were declared as alloy steel.

“High quality alloy steel from China which was exported to Malaysia fetched about RM6,000 per tonne in 2009 but the price came down drastically to RM2,000 per tonne last year. So, with such a low price, it could not be the same or ‘real’ alloy steel,” he told StarBiz recently.

Last year, Soh said Malaysia imported 924,000 tonnes of steel wire rods, out of which 80% was from China. Malaysia also imported 302,000 tonnes of steel bar mostly from China, and 630,000 tonnes of section steel bar in 2013.

He said China exported to Malaysia close to 1.83 million tonnes of steel products – mostly long products – last year.

Soh said Misif was providing support to local steel millers who were also getting assistance from Malaysia Steel Institute (MSI) to get the Government’s help to file trade remedy measures over the unfair trade practices.

Misif has some 140 members mostly in the midstream and downstream sectors, with several upstream steel players.

Ann Joo Resources Bhd group managing director Datuk Lim Hong Thye had said that domestic steel millers were joining his company to petition International Trade and Industry Ministry (Miti) before the end of this month for more stringent guidelines to check dumping activities by the China steel millers,

According to Lim, although Miti had imposed a 25% import duty on steel from China, Taiwan, South Korea and Indonesia, some Chinese steel millers were circumventing the system.

Lim said what they would be asking from the authorities was trade remedy rather than trade protection.

Soh said Misif was already working with upstream steel millers to prepare a paper to the Malaysian government to look into the boron-added steel issue.

“We encourage the imports of genuine alloy steel for the automotive industry as we are not capable of producing them,” said Soh, who is also flat steel products’ manufacturer YKGI Holdings Bhd group managing director

He said the alloy steel products imported by Malaysia were mainly for the construction industry.

any good news announcement for high volume today?

angelinaloke: capital reduction 10 to 1 is still considr ok if buy-in price at 6.5 cts, equal to 65 cts & right issue price will be RM1, right? somemore lioncor got alots of lands which under value

price at 0.16 cts?

BBB97, u keep alots? pworth or pworth-wa?

suddenly silint already..

pworth-wa 0.055 cts only

coming coming

blackdove, that is old story ard

speakup, so faster grab together with sangharimau

sangharimau, 8 cts drop til 6.5 cts, paper loss rm50k++ ?

but now drop until 6.5 cts.. as my experience, most of the PN17 company even perwaja also being fried by investor, but this company almost 8 months in pn17 but still no any movement yet..

shangharimau, so Confident accumulate alots? average price at 8 cts?