Today Uwe Ahrens joins Money Talk Radio s Ellis Martin. Mr. Ahrens is Managing Director at Altech Advanced Materials AG and is executive director of Melewar Industrial Group Berhad. Mr Ahrens holds.
Today Uwe Ahrens joins Money Talk Radio s Ellis Martin. Mr. Ahrens is Managing Director at Altech Advanced Materials AG and is executive director of Melewar Industrial Group Berhad.
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Despite the market rally that took place in most part of this year, share prices of steel-related counters have largely stagnated as investors stayed away from the sector.
However, thanks to the anti-dumping duty news and the recovery play in the sector, such counters are finally waking up from deep slumber.
Yesterday, Masteel jumped 34.58% to 72 sen, its highest in over two years, while Lion Industries gained 17.46% to 74 sen, its highest since mid-2018.
Melewar surged by 74.63% to 58.5 sen, Mestron Holdings Bhd gained 10.26% to 21.5 sen, Mycron Steel Bhd rose by 52.69% to 71 sen and Hiap Teck (pic) was up by 5.49% to 48 sen.
Melewar surged by 74.63% to 58.5 sen, Mestron Holdings Bhd gained 10.26% to 21.5 sen, Mycron Steel Bhd rose by 52.69% to 71 sen and Hiap Teck (pic) was up by 5.49% to 48 sen.