Ask Ah boon.. 

No Chinaman, you think where to find USD5xx steel wor...

Kakakakaka...

Sincere wan.

I was also looking at it many days already. Ever since it hit bottom and rebounded..

Ask me go eat I scream? 
I read CSL's fire burned most of the financial records......     

and they now have a CEO!       

The Company’s auditors, Messrs RT LLP had communicated the following statements in their Audit Summary Memorandum for the financial year ended 31 December 2013:

“As a result of the fire incident, we are unable to proceed with their planned schedule to obtain walk-in bank confirmations, sight of fixed assets, as well as complete our audit fieldwork for the PRC subsidiaries. The aforementioned procedures are crucial for us to issue an audit opinion on the Group’s financial statements for the financial year ended 31 December 2013.

As at the date of this memorandum, management has not been able to provide us with the post balance sheet financial information and make the necessary arrangements to fulfil the aforementioned procedures as the financial records and company legal stamps that were stored in the administration office were destroyed by the fire as advised by management.”

All these China and India made 'stainless' steel i use until cough blood... now no longer want to use... already...

All the composition fake one.  No quality... 

Mild steel... eem still ok lah...

Auditor say all records gone, unrecoverable, cannot issue quarter report.. fantastic eh? 
But then hor... still got people buy the shares like nothing happened... 

No fake stainless steel composition. Its just a case of different grades. You should ask what you are buying and do research. Just like stock market.

Am I wrong?

304 also stainless steel, 316 also stainless steel... 410 also stainless steel.

Which you want leh?

I spy with my big fat eye....
.... and I see couple of your stocks doing great today. 


heeeeeehehe

those that you spied.. already i cut 

I use mostly 304L & 316L plate & seamless pipe

Basically the corrosion resistance is not as good as the 'real' stainless steel, imagine 316L got rust spot emerging after several days in the rain, test with magnet all fail.... 

i suspect the Cr%, Ni%  & Mo% is being reduced in the composition... thats why it is cheap. 

Now only use better quality ones, pay higher prices, all problems solved. 

How sure are you?
heeeeehehe

Are you really sure you dont know what is wrong with China or India stainless steel?

very sure 

so what is wrong...? you tell me, cause you steel trader. 

those that you spied.. already i cut 

Steel trader wouldn't care about steel qualities differences nor about the impurities in the steel. How would I know the answer?

The answer lies with uncle Google.

You sell things must know the quality mah..? 

Or not as long can sell kasi hantam itu bugger only ah? 

If for standard austinistic stainless steel, i know the % of Cr,Mn,Mo, but is the manufacturer QC following it is another  question...