MALAYSIA STEEL WORKS (KL)BHD

KLSE (MYR): MASTEEL (5098)

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Last Price

0.31

Today's Change

+0.005 (1.64%)

Day's Change

0.305 - 0.31

Trading Volume

644,000


18 people like this.

14,821 comment(s). Last comment by calvintaneng 1 week ago

Johnzhang

3,098 posts

Posted by Johnzhang > 2021-11-27 07:18 | Report Abuse

panic sell by retail investors.

Legend

4,119 posts

Posted by Legend > 2021-11-27 11:08 | Report Abuse

Black Monday!

hantamking

2,509 posts

Posted by hantamking > 2021-11-28 21:14 |

Post removed.Why?

hantamking

2,509 posts

Posted by hantamking > 2021-11-29 06:33 |

Post removed.Why?

hantamking

2,509 posts

Posted by hantamking > 2021-11-29 06:37 |

Post removed.Why?

Icon 888

2,301 posts

Posted by Icon 888 > 2021-12-04 23:49 | Report Abuse

Seriously panic sell

winlast

498 posts

Posted by winlast > 2021-12-07 11:34 | Report Abuse

steel counter on the way

djibaok

1,183 posts

Posted by djibaok > 2021-12-16 00:01 | Report Abuse

All in

Alvtan38

67 posts

Posted by Alvtan38 > 2021-12-17 16:21 | Report Abuse

Finally Green abit.. Hopefully next week more Green.. Lets celebrate New Year with angpow

Icon 888

2,301 posts

Posted by Icon 888 > 2021-12-31 18:54 | Report Abuse

Big gap between lionind n masteel

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-01-04 19:21 | Report Abuse

Jan 4): China slashed its fuel export quota by more than half in the first batch of allocations for 2022, highlighting the nation’s strategy of progressively limiting overseas sales.

A total of 13 million tons were issued, including both general trade and tolling issuances, according to refinery officials who have direct knowledge of the matter. That’s 56% less than 29.5 million tons in the same batch for 2021.

“Looks like this year’s total fuel export quota will keep declining,” said Yuntao Liu, analyst with Energy Aspects Ltd., adding that a smaller issuance may boost competition between state refiners and independents.

There’s speculation that China may eliminate product exports by 2025. Should that happen, Asian fuel exporters — in Northeast Asia, Singapore, Malaysia and Brunei — stand to benefit as regional margins will have to rise to make up for lost Chinese barrels, according to a previous estimate by Energy Aspect
—————————/—————————-

From the above , China intends to eliminate export from carbon emitting industry. Steel export (which is high energy consuming , carbon emitting and dirty industry) will also be eliminated. Good for steel manufacturers In Malaysia.
04/01/2022 7:20 PM

Posted by x2standard_dreamer > 2022-01-07 15:53 | Report Abuse

Dirty trick pulled by the operator. Company warrant did not trace the mother share prices.Going to file bigger report.

Posted by native_psychopath > 2022-01-07 16:07 | Report Abuse

warrant跟母股走势完全不一样。这公司玩黑的喔?

镠公公

648 posts

Posted by 镠公公 > 2022-01-12 10:58 | Report Abuse

Limit up soon

Icon 888

2,301 posts

Posted by Icon 888 > 2022-01-26 17:38 | Report Abuse

Can close up gap between lionind n masteel

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-01-28 21:37 | Report Abuse

Shanghai steel futures broke the CNY 5000 per tonne mark, the highest since late October, amid limited supply, rising iron ore and nickel prices, and prospects of a boom in demand. Production in China is likely to be constrained in the first quarter due to factories maintenance, the Lunar New Year holidays, and efforts by the government to limit pollution during the Beijing Winter Olympics. At the same time, prices of steelmaking ingredients nickel and iron ore remain elevated, with possible supply disruptions in top iron ore exporter Australia due to a surge in coronavirus cases. Meanwhile, there are prospects demand in China will increase in the second quarter of the year as the construction and infrastructure sectors pick up and the Chinese authorities adopt stimulus measures to shore up the economy.

Andra KD

275 posts

Posted by Andra KD > 2022-02-06 12:08 | Report Abuse

Steel up. Ready to fly

djibaok

1,183 posts

Posted by djibaok > 2022-02-07 14:14 | Report Abuse

end of this week target 40 cent

Icon 888

2,301 posts

Posted by Icon 888 > 2022-02-18 02:35 | Report Abuse

Tidur la u

Andra KD

275 posts

Posted by Andra KD > 2022-02-21 22:14 | Report Abuse

Tomorrow bangun la tu

Posted by MaluNegaraKu > 2022-02-24 16:16 | Report Abuse

Up like snail drop like waterfall

DrSteel

322 posts

Posted by DrSteel > 2022-02-26 23:01 | Report Abuse

Invasion halts Ukraine steel shipments; appetite wanes for Russian steel

24 Feb 2022

https://www.spglobal.com/platts/en/market-insights/latest-news/metals/022422-invasion-halts-ukraine-steel-shipments-appetite-wanes-for-russian-steel

Several steel plants in Ukraine, including those of pipemaking group Interpipe and the Azovstal and Ilyich mills in Mariupol, both part of Metinvest, have stopped producing and shipping, trade sources said.

Metinvest and ArcelorMittal said they were significantly reducing their steel production, hampered by the suspension of rail freight services and closure of several ports. ArcelorMittal Kryvyi Rih, Ukraine's largest integrated steel company located in Kryvyi Rih city, "is working to slow down production to a technical minimum" and production will be stopped at its underground mines, according to a statement issued by ArcelorMittal from London.

Ukraine is the world's 13th largest producer of steel and fifth largest exporter of iron ore by volume. It produced 21.4 million mt of crude steel in 2021. About 80% of its steel output is exported.


Sanctions can stall Russian purchases
.....................................

The appetite has already waned for Russian steel with tougher sanctions announced or expected from the EU, the US and other countries. The Russian mill source saw as a real possibility customer refusal of deliveries from the country.

"We are operating in a zone of uncertainty," the source said. "The port of Novorossiysk -- the ships are loading -- but I don't know what to do next, the situation is difficult."

In 2021, Russia made 76 million mt of steel, exporting around 40 million mt. In addition to numerous Atlantic buyers, China has recently become one of the biggest customers of Russian steel.

To Asia, Russian steel exports have mainly taken the form of billet in recent weeks.

News of the latest developments has dampened Asian demand, with a trader in Manila saying that rerollers in the Philippines would stop buying Russian and Ukrainian billet to avoid any potential risks.

Russia was the top non-Asian supplier of billet to the continent in 2021 by deal count, after Vietnam and Indonesia, having concluded 56 deals, compared with 72 and 63 by Vietnamese and Indonesian suppliers, respectively, according to spot data compiled by Platts.

Russian billet was sold mostly to the Philippines. While shipments via the Black Sea port of Novorossiisk appear to be unimpeded for now, and would likely be unscathed logistically out of the Russian Far East ports, sanctions on Russian banks involved in financing trades could scupper deals.

One Russian mill has stopped making offers to Asia "due to the impact of the bank issue," an eastern China-based trader said.

KEENTRADER

358 posts

Posted by KEENTRADER > 2022-03-02 09:52 | Report Abuse

Will our steel production gain from the war?

Posted by MaluNegaraKu > 2022-03-02 15:20 | Report Abuse

Why always other steel counter up and this masturbate counter keep drop

Posted by Silentreader88 > 2022-03-03 15:41 | Report Abuse

Yes masteel is laggard, but when it comes to his turn, gain is more than his brother and sisters.
Just collect laggard Oil, plantation, steel and cont sleep :)

Posted by MaluNegaraKu > 2022-03-07 15:57 | Report Abuse

Interesting
When up like snails compare to other steel counter but when drop, masteel is the winner in freefall jump

Posted by MaluNegaraKu > 2022-03-15 09:41 | Report Abuse

Masteel or masteal ?
Seem all shareholder got stolen by masteal

Icon 888

2,301 posts

Posted by Icon 888 > 2022-03-24 01:20 | Report Abuse

Eat viagra la

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-24 09:43 | Report Abuse

why viagra.... let it slowly up up mah.
MORNING WOOD :) ma steal me away :) lets ride metal stocks
about time they uptrend now.

Posted by MaluNegaraKu > 2022-03-29 11:08 | Report Abuse

Viagra not work on this Pu-Cy stocck

Icon 888

2,301 posts

Posted by Icon 888 > 2022-03-29 23:45 | Report Abuse

Eat viagra But cant up

Icon 888

2,301 posts

Posted by Icon 888 > 2022-04-06 01:02 | Report Abuse

Double viagra

VTrade

2,434 posts

Posted by VTrade > 2022-04-12 21:10 | Report Abuse

Break...
Punjut keluar dah...

KingKoil

149 posts

Posted by KingKoil > 2022-04-18 10:00 | Report Abuse

Accumulation

dompeilee

11,888 posts

Posted by dompeilee > 2022-04-18 15:44 | Report Abuse

Speculatively bought Masteel @ 37.5c. Recommended 2 premium clients.

nikko88

22 posts

Posted by nikko88 > 2022-04-19 23:21 | Report Abuse

Break Ema200 potentially rm0.50 above

RAbbit494

330 posts

Posted by RAbbit494 > 2022-04-20 01:18 | Report Abuse

hijau esok saya melihat merah kemudian peluang untuk menambah pembelian .
diwaktu pelabur tidak yakin dengannya disaat itulah peluang kita membeli dan menjual disaat harga melambung diwaktu pelabur berebut membeli.
good luck

hanya berbicara di waktu lapang
maaf jika ada silap kata

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-04-21 17:08 | Report Abuse

Pick up more Masteel at 40sen today.

TheContrarian

9,497 posts

Posted by TheContrarian > 2022-04-21 20:26 | Report Abuse

Should I join in the buying tomorrow?

TheContrarian

9,497 posts

Posted by TheContrarian > 2022-04-22 10:44 | Report Abuse

Bought at 39 sen, hope it doesn't fall.

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-04-22 17:49 | Report Abuse

I added some at 39sen too.

KingKoil

149 posts

Posted by KingKoil > 2022-04-23 20:59 | Report Abuse

Commodities theme now.

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-04-24 11:25 | Report Abuse

I think Steel will have its day soon.
The energy crisis and the Ukraine war will reduced global steel production and supply considerably. Supply reduction shall far exceed the demand destruction arising from inflation and economic slowdown.
The global largest steel producing countries are : (1) China, (2) EU, (3) India, (4) US, (5) Russia, ( 6) SKorea, (7) Turkey, (8) Brazil, ( 9) Iran, (10) taiwan, (11) Ukraine
But the 2nd (ie EU) and 4th ( ie US) largest producers don't produce enough for domestic use. US and EU are the world top and 2nd largest nett importers respectively.
Top nett exporters are : (1) Russia, (2) Japan, (3) SKorea, (4) Ukraine, (5) China, (6) India.
The top 2 nett importers need to import more to fill the production curtailment due to sanction and exorbitant energy cost. The top nett exporters Russia and ukraine are not going to fill the gap due to sanction and logistical issues. Other nett exporters like Japan, Skorea, China and India can't do much too.

TheContrarian

9,497 posts

Posted by TheContrarian > 2022-04-25 09:55 | Report Abuse

Bought at 37 sen.

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-04-25 10:16 | Report Abuse

Me too. I will continue to buy the dips .

TheContrarian

9,497 posts

Posted by TheContrarian > 2022-04-25 11:45 | Report Abuse

Didn't anticipate Dow Jones would fall over 900 points on Friday.

Posted by justinwee87 > 2022-04-25 15:01 | Report Abuse

Raw material ready to fly soon ?

TheContrarian

9,497 posts

Posted by TheContrarian > 2022-04-26 09:12 | Report Abuse

Bought Masteel at 36.5 sen.

Posted by justinwee87 > 2022-04-26 19:01 | Report Abuse

Strong averaging ? lol

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-04-27 15:13 | Report Abuse

China is going all out on infrastructure . Steel demand will surge!
https://newswav.com/A2204_zP3dDa?s=A_Wk6LirO

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