MALAYSIA STEEL WORKS (KL)BHD

KLSE (MYR): MASTEEL (5098)

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Last Price

0.345

Today's Change

0.00 (0.00%)

Day's Change

0.34 - 0.35

Trading Volume

1,296,900


18 people like this.

14,779 comment(s). Last comment by dajonewbie 1 week ago

djibaok

1,178 posts

Posted by djibaok > 2024-03-25 10:20 | Report Abuse

most underrated steel counter.... MASTEEL

stncws

10,416 posts

Posted by stncws > 2024-04-01 12:43 | Report Abuse

accumulating take place now.

WiraBoleh

172 posts

Posted by WiraBoleh > 2 months ago | Report Abuse

Masteel akan naik tinggi pd suatu hari 🙂

Mini2021

1,440 posts

Posted by Mini2021 > 2 months ago | Report Abuse

Gold, Copper, Silver up to historical high..... Next Steel...

stncws

10,416 posts

Posted by stncws > 1 month ago | Report Abuse

bursa 1604 point, will hit high

WiraBoleh

172 posts

Posted by WiraBoleh > 1 month ago | Report Abuse

Steel industry masih belum naik lagi ...

Mini2021

1,440 posts

Posted by Mini2021 > 1 month ago | Report Abuse

A mandatory review of the Section 301 tariffs on imports from China concluded May 14 with recommendations to increase some tariffs on $18 billion worth of Chinese goods, establish an exclusion process for a limited number of products, and make other changes. A Federal Register notice soliciting comments on the proposed changes is expected next week.

The recommendations are included in the Office of the U.S. Trade Representative’s report on its review of the tariffs, which were first imposed in 2018 in an effort to persuade China to modify its “harmful technology transfer-related acts, policies, and practices.” USTR Katherine Tai said that while the tariffs have been somewhat successful in that regard, “further action is required.”

USTR also downplayed the impact of the tariffs on U.S. businesses, saying they have had small negative effects on U.S. economic welfare, prices, and employment and that these impacts are “particularly associated” with China’s retaliatory tariffs on U.S. exports. In fact, USTR asserted, the tariffs have helped to increase U.S. production in the most-affected industrial sectors, reduce imports from China, and increase imports from alternate sources, “thereby potentially supporting U.S. supply chain diversification and resilience.”

USTR is therefore proposing to maintain all existing Section 301 tariffs on Chinese goods and to add or increase tariffs on the following products.

- battery parts (non-lithium-ion batteries) – from 7.5 percent to 25 percent in 2024

- electric vehicles – from 25 percent to 100 percent in 2024

- lithium-ion electrical vehicle batteries – from 7.5 percent to 25 percent in 2024

- lithium-ion non-electrical vehicle batteries – from 7.5 percent to 25 percent in 2026

- medical gloves – from 7.5 percent to 25 percent in 2026

- natural graphite – from 0 to 25 percent in 2026

- other critical minerals – from 0 to 25 percent in 2024

- permanent magnets – from 0 to 25 percent in 2026

- personal protective equipment – from 0-7.5 percent to 25 percent in 2024

- semiconductors – from 25 percent to 50 percent by 2025

- ship-to-shore cranes – from 0 to 25 percent in 2024

- solar cells (whether or not assembled into modules) – from 25 percent to 50 percent in 2024

- steel and aluminum products – from 0-7.5 percent to 25 percent in 2024

- syringes and needles – from 0 to 50 percent in 2024

Mini2021

1,440 posts

Posted by Mini2021 > 1 month ago | Report Abuse

Malaysia Steel will up up up...

stncws

10,416 posts

Posted by stncws > 1 month ago | Report Abuse

Steel will be very sales for malaysia. Buy all..good future

djibaok

1,178 posts

Posted by djibaok > 1 month ago | Report Abuse

Boom boom pakk... boom boom kepakk....

stncws

10,416 posts

Posted by stncws > 1 month ago | Report Abuse

masteel leads the Q , ok...will benefit from tax hike on China product

djibaok

1,178 posts

Posted by djibaok > 1 month ago | Report Abuse

Quick get on board!!

WiraBoleh

172 posts

Posted by WiraBoleh > 1 month ago | Report Abuse

masa untuk industri keluli terbang

Posted by AlexChiaWS > 1 month ago | Report Abuse

https://www.cnbc.com/2024/05/17/china-pledges-billions-in-measures-to-support-struggling-property-sector.html

Finally, China government announce support for property developer.
More project can be finished, steel price shall be stabilize.

WiraBoleh

172 posts

Posted by WiraBoleh > 1 month ago | Report Abuse

Malam ni Masteel punya keputusan keluar?

djibaok

1,178 posts

Posted by djibaok > 3 weeks ago | Report Abuse

Latest Profit:
QoQ- UP 350.84%
YoY- UP 382.03%

Kasi angkat masok dalam tong...

monetary

4,442 posts

Posted by monetary > 3 weeks ago | Report Abuse

3 mil profit is a good start.

bullrun168

338 posts

Posted by bullrun168 > 3 weeks ago | Report Abuse

Walaoeh, what happend ?
Masteel super damn hot man today !
Now Masteel was traded at @0.345 (+0.02) (+6.2 %)

Heng ah, Ong ah, Huat ah !

Posted by EngineeringProfit > 3 weeks ago | Report Abuse

I'm back.................

stncws

10,416 posts

Posted by stncws > 3 weeks ago | Report Abuse

leader of steel industry...

monetary

4,442 posts

Posted by monetary > 3 weeks ago | Report Abuse

3Q20 stated with 3.6m Pat when it turned to black. It slowly improved to 13m QoQ

monetary

4,442 posts

Posted by monetary > 3 weeks ago | Report Abuse

meanwhile, local steel price stay steady at 3k per ton for almost 3months already.

stncws

10,416 posts

Posted by stncws > 3 weeks ago | Report Abuse

today will closed higher

ambuyat

13 posts

Posted by ambuyat > 3 weeks ago | Report Abuse

Omnommmnomm

Posted by Whiteevoque > 3 weeks ago | Report Abuse

Looking good for wave 3. Construction sector has started to be in bullish trend, next is steel!!! Masteel + sendai both in wave 3!!

Michael Kwok

6,198 posts

Posted by Michael Kwok > 3 weeks ago |

Post removed.Why?

Sslee

5,326 posts

Posted by Sslee > 3 weeks ago | Report Abuse

https://tradingeconomics.com/commodity/steel

Look at rebar price trend and you will know next quarter result will not be good.

monetary

4,442 posts

Posted by monetary > 3 weeks ago | Report Abuse

Those probably is cq grade. In Malaysia only bs grade is accepted by jkr. All mid to large scale private project also use bs grade. Currently bs grade rebar is 3k per tone.

monetary

4,442 posts

Posted by monetary > 3 weeks ago | Report Abuse

Only 14% revenue is from export. Mostly export to Singapore, I think. Unlike glove, steel doesn't compete with China in global Market.

Posted by daretocutandchange > 2 weeks ago | Report Abuse

hopefully is steel sector turn right now,watch out mycron dare to play.......

stncws

10,416 posts

Posted by stncws > 2 weeks ago | Report Abuse

3500 to 3800 ok

WiraBoleh

172 posts

Posted by WiraBoleh > 2 weeks ago | Report Abuse

Tema keluli bermula

Icon 888

2,232 posts

Posted by Icon 888 > 2 weeks ago | Report Abuse

Perhaps the best Steel company in Big 4

stncws

10,416 posts

Posted by stncws > 2 weeks ago | Report Abuse

needs 2 days to clear contra.

stncws

10,416 posts

Posted by stncws > 2 weeks ago | Report Abuse

im back again...

bullrun168

338 posts

Posted by bullrun168 > 2 weeks ago | Report Abuse

Walaoeh, what happend ?
Super damn hot man Masteel today !
Now Masteel was traded at @0.37 (+0.02) (+5.7 %)

Heng ah, Ong ah, Huat ah !

stncws

10,416 posts

Posted by stncws > 2 weeks ago | Report Abuse

steel protection again.. or selling price improve...more construction jobs in Johor, JCORP

stncws

10,416 posts

Posted by stncws > 2 weeks ago | Report Abuse

today slow slow collects....

newbie9893

2,068 posts

Posted by newbie9893 > 2 weeks ago | Report Abuse

steel sector will be next theme to play..buy now to be rewarded very soon

stncws

10,416 posts

Posted by stncws > 2 weeks ago | Report Abuse

very soon...

stncws

10,416 posts

Posted by stncws > 2 weeks ago | Report Abuse

350 stop 370 stop....next push ....400

speakup

25,663 posts

Posted by speakup > 2 weeks ago | Report Abuse

amboi! apa pun relate to data centre. toilet paper pun boleh, more DC workers berak at DC need use more toilet paper

Posted by StartOfTheBull > 2 weeks ago | Report Abuse

Data centers are not kilang kasut, why need so many workers? 🤣

Posted by BountyOfTheBourse > 1 week ago | Report Abuse

well, could be worth a little trial play

bullrun168

338 posts

Posted by bullrun168 > 1 week ago | Report Abuse

Walaoeh, what happend ?
Super damn hot man Masteel today !
Now Masteel was traded at @0.39 (+0.02) (+5.4 %)

Heng ah, Ong ah, Huat ah !

ambuyat

13 posts

Posted by ambuyat > 1 week ago | Report Abuse

seat belt longgar. kasi ketat2

stncws

10,416 posts

Posted by stncws > 1 week ago | Report Abuse

change ship...please

Posted by dajonewbie > 1 week ago | Report Abuse

not a theme yet for steel. Construction and tech theme!

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