Posted by moneySIFU > 2017-02-12 18:53 | Report Abuse

Thanks for sharing, a big like!

Posted by Ramada > 2017-02-12 19:05 | Report Abuse

Now market sentiment is good, better buy 1 or 2 steel counters since steel prices has increased 30% from September to December last year. Another wave for steel will come anytime.

Recommended steel counters.

Long steel : SSTEEL
CRC : CSCSTEL and MYCRON
Distributor : AYS

Posted by elvingan > 2017-02-12 19:54 | Report Abuse

PE 10,
annjoo hit rm 3.50 not probrem,annjoo PA i think will hit rm 1.80 after finance result~buy and hold...

Posted by gwansoo > 2017-02-12 21:48 | Report Abuse

"What so cool labout this hybrid BF-EAF technology ; there able to consumer less natural gas to operate where give them lowest impact when natural gas price hike; second this super cool furnace able to to opte the raw mat to feed into the furnace blast to produce the steel which mean Annjoo able to choose scrap material or iron ore as raw mat whenever which is cheaper they will purchase that. Currently there are using scrap steel due to cheaper source as IRON ORE price surge alot"

Are you really sure about this? I dont think so.

Posted by leoting > 2017-02-13 13:26 | Report Abuse

Annjoo optionally run blast furnace or Eletric Arc Furnace. At the moment, still prefer blast furnace using iron ore and coal. They did collect a lot of steel scrap from the market in case iron ore hike over USD100