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Steel is in play!, And the upside is real
TSdagnarus
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Aug 9 2018, 11:19 AM, updated 6y ago
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Steel sector is having a blast.
China sky blue policy Sky high steel prices Eroding supply Decent demand TDM visit to China Possible reinstating of Malaysia mega project
What's not to like? Hope you guys are already onboard. The run has been going on since Monday!
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danielcmugen
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Aug 14 2018, 10:41 AM
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Already on board. Annjoo. But havent gone up yet.
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TSdagnarus
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Aug 14 2018, 10:44 AM
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I think annjoo will stand to move later, probably the slowest but also the most reliable. Rather than volatile like the small players annjoo will most probably have a steadier climb
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Morales
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Aug 14 2018, 10:55 AM
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Getting Started
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eyeing on lionind and masteel
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TSdagnarus
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Aug 15 2018, 03:33 PM
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QUOTE(danielcmugen @ Aug 14 2018, 10:41 AM) Already on board. Annjoo. But havent gone up yet. Moving nicely today... QUOTE(Morales @ Aug 14 2018, 10:55 AM) eyeing on lionind and masteel Lionind Ian relentless. Gained almost 50% already from my entry. While some even more optimistic I would ask to trade with caution if you want to enter. As for MASTEEL, I'm definitely positioning myself right about now, or tomorrow for an entry...
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icemanfx
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Aug 21 2018, 10:46 PM
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Dt's levy on steel has negative impact on steel price outside the u.s as those used to export to the u.s need to find alternative market i.e more supply and competition.
China slowing down on mega project will create excess capacity in China, could mean more for export market.
This post has been edited by icemanfx: Aug 21 2018, 10:48 PM
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TSdagnarus
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Aug 21 2018, 10:47 PM
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Btw the PST three days steel died already.
Next play would be quarterly result...
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Morales
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Aug 22 2018, 09:32 AM
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Getting Started
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Annjoo's result coming out is it?
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