Now, Malaysia importers partially switch to Turkish and Vietnam while you say importer buy from China?

I guess you are not working for the Steel industry before, right?

Malaysia local currently trade RM2150-2250 depend sizes of bar. If import from China, it will need RM2650 to trade.

5% import tax, 13% safeguard tax, RM30 transportation per MT. margin of profit all yet to include....RM300 more expensive than Malaysia local price

RMB3333 is higher than Malaysia Local Price.

Nothing siao, Annjoo have the highest inventory level to snack this opportunity. Others busy looking for raw materials.

http://leoting81.blogspot.my/2017/04/5_16.html

http://www.thesundaily.my/news/2017/04/16/new-imported-steel-taxes-protect-local-players-johari

http://leoting81.blogspot.my/2017/04/52020.html 钢铁第5报告之长钢保护税直到2020年!

http://leoting81.blogspot.my/2017/04/52020.html

钢铁第5报告之钢铁地利 http://leoting81.blogspot.my/2017/04/5_11.html

http://leoting81.blogspot.my/2017/04/5_11.html

It is actually local institution dumping while foreigner funds collect

It is actually corruptions fail the economy not the national projects.

IT is information techology， 资讯工艺. Electronic industry is 电子业， Communication Industry is 电讯业。

Financial knowledge talking about industry study, business law, accounting, taxation, organizatinal behavior, and etc. Which part do you think a share investor need to know well?

Do you think all the projects on time, within control, on budget, net profit will be as projected? If so, why so many project budget burst in the end?

Projects tendering involves so many parties, it is a complex calculations. Do you think financial guy sitting in the office know all the projects? Not even project manager.

For your information, i involved in project tendering. How can a financial field know all the details of tender work?

I guess both of you are boss of construction firms, Right?

我就是建筑业的工程师。 你们有什么要问我吗?

钢铁第5报告之长钢市场实况！http://leoting81.blogspot.my/2017/03/5.html

http://leoting81.blogspot.my/2017/03/5.html

I am also thinking whether a PE7x stock, is it too expensive at this moment.

Companies' Directors knew much better than us the value of their company and prospect of the industry. Market journalist is never really understanding what they are reporting.

I am not intend to talk technically here as i already wrote more than 20 articles and more than 10k words to analyze on the Malaysia Steel Industries since April 2016.

Fully depend on the steel import price. For 2015, the imports steel is below local mills cost. Current import price is above the local mills cost, which means there is margin to compete with import steel. Totally different story for 2015 and 2017.

Also, there is quite normal for commodities' price hiking and correction. 2017 is the 2nd year of China's 5 years capacity cutting plan.

@csan i guess you have nothing to lose even if you make wrong prediction. What i write and point out are from industry analysis instead of journal writing.

13 March 2017
1) RM2280 (Y16,Y20,Y22,Y25,Y28,Y32)
2) RM2430 (Y10, Y12, R10, Y40)
3) RM2480 (R6, R8, R12, R16)
R12 no stock

钢铁第5报告之380天Update http://leoting81.blogspot.my/2017/03/5380update.html

http://leoting81.blogspot.my/2017/03/5380update.html

5398 GAMUDA 杀鸡取卵 http://leoting81.blogspot.my/2017/03/5398-gamuda.html

alcom http://leoting81.blogspot.my/2017/03/blog-post_9.html

http://leoting81.blogspot.my/2017/03/blog-post_9.html

http://leoting81.blogspot.my/2017/03/8869-pmetal.html

5398 GAMUDA http://leoting81.blogspot.my/2017/02/5398-gamuda.html

5398 GAMUDA之左3年 http://leoting81.blogspot.my/2017/03/5398-gamuda3.html

http://leoting81.blogspot.my/2017/03/blog-post.html 长钢价格

最新长钢价格 http://leoting81.blogspot.my/2017/03/blog-post.html

金属大多头! http://leoting81.blogspot.my/2017/02/blog-post_7.html

http://leoting81.blogspot.my/2017/02/blog-post_7.html

7277 DIALOG 之基本分析 http://leoting81.blogspot.my/2017/02/7277-dialog_27.html

http://leoting81.blogspot.my/2017/02/7277-dialog.html

http://leoting81.blogspot.my/2017/02/7277-dialog.html

情归何处 http://leoting81.blogspot.my/2017/02/1171-mbsb-5.html

http://leoting81.blogspot.my/2017/02/1171-mbsb-3_22.html

钢铁第五报告之库存决胜篇! http://leoting81.blogspot.my/2017/02/blog-post_24.html

钢铁第五报告之库存决胜篇! http://leoting81.blogspot.my/2017/02/blog-post_24.html

LTH selling is misleading info