If not mistaken one of MAA subsidiaries! This happen if Tunku playboy life mess up performance of all his plc! Too much money spend his little boy not good!
BEIJING, Feb. 16 (Xinhuanet) -- The Malaysian government decided to impose anti-dumping duties on hot rolled steel coil (HRC) imported from China and Indonesia for five years starting from Feb. 15, according to a recent announcement by Malaysian Ministry of International Trade and Industry.
The Malaysian government began anti-dumping investigations into HRC products imported from China, South Korea and Indonesia since June 19, 2014.
According to the announcement, South Korean HRC products were not identified as dumping because the amount of imports was small.
However, HRC products imported from China would face anti-dumping tax.
Benxi Iron and Steel Company and other two steel companies would pay anti-dumping tax of 2.49-6.35 percent. The rest Chinese steel companies would pay 12.19 percent anti-dumping tax for their HRC products. And for chequered coils and P&O, the rate is 15.62 percent.
Flat rolled steel prices continue to firm and many buyers are convinced there could be more price increases to come with a tightening foreign market and higher offers for foreign steel coupled with the expectation that ferrous scrap pri..........
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
mg42
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Posted by mg42 > 2013-05-01 14:58 | Report Abuse
Mycron will show some improvement in this coming quarterly result! We have to start collect now+++