khatulistiwa crash in Masteel ...RIP nothing can do now, just wait 0.30 buy more cover ( positive thinking ) some people spent 100k for a tree some people spent 100k for a bonzai some people spent 5 million for a painting so how many u spent for Masteel? just to ease ur mind
when Q at lower price....later it matched...happy for few moments 'cos IT DROPPED FURTHER.......DAMN IT....is it something to do with KL index OR something gone wrong on the coy????....have 2 stay out of the market for the time being with sorts of world markets conditions!!!!!!!!!!!!!!!!!!! I GUESS SO....
Green light onward , all construction after the reduction in certain negotiation , all going back normal , iron demand will continue fierce mode , all recovery straight away .
all way full force to touch 0.60 before close , this stock future really aim for above 1.00 , short mild term achieve 1.50 , according its fundamental .
My message to the industry players is clear, the ministry under the new government will move from "know-who" culture to "know-how" culture.
"We want to create an environment where businesses can innovate, invest, where projects can become bankable, so we can have a good ecosystem for our renewable energy to grow," our new government new era approach , fair and transparent create the eco drive economic , i salute Masteel can be benefit through the new practice system , say bye bye to bribe , interfere and realtionship with all member group , i salute the system , we practice with the Machine PROTOCOL as well
BEIJING, July 12 (Reuters) - China’s steel rebar futures hit their highest in 10 months on Thursday amid potential tight supply as the government intensifies efforts to clean up the environment.
On Wednesday, China’s cabinet launched a new cross-ministerial leadership group, headed by the vice-premier Han Zheng, to help draw up plans to tackle air pollution in northern regions.
“The high-class leadership group will certainly be a strong deterrent to environmental violations and may also restrain output at mills and mines,” said Zhuo Guiqiu, an analyst at Jinrui Futures.
And Tangshan, China’s biggest steelmaking city, has ordered steel mills, coke producers and utilities to cut output further for six weeks from July 20 until Aug 31 to improve its notorious air quality.
“With high environmental pressure, more regions may order their industrial plants to reduce emissions,” said Zhuo.
The most-active rebar contracts on the Shanghai Futures Exchange had risen 2.1 percent after earlier touching 3,960 yuan ($591.24) a tonne, its highest level since Sept. 6.
Spot steel prices edged up 0.2 percent to 4,320.36 yuan a tonne on Wednesday, data from consultancy Mysteel showed.
Daily crude steel output by major steel companies over June 21-30 reached 1.96 million tonnes, down 1.8 percent compared to mid-June, data from China’s Iron & Steel Association (CISA) showed on Wednesday.
Steel inventory at mills dropped over the same period, falling 24,700 tonnes to 11.42 million tonnes, CISA data showed.
Prices for steelmaking raw ingredients also climbed. The most-traded coking coal contract for September delivery rose 2.2 percent to 1,157 yuan a tonne. Coke futures were up 2.3 percent at 2,065 yuan at 0214 GMT.
Dalian iron ore futures gained 1.6 percent to 464 yuan, with investors saying increased profit margins at mills would offer some support to the raw material. ($1 = 6.6978 Chinese yuan renminbi) (Reporting by Muyu Xu and Aizhu Chen Editing by Joseph Radford)
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....
khatulistiwa1234
46,261 posts
Posted by khatulistiwa1234 > 2018-07-11 16:28 |
Post removed.Why?