SteelGuru @SteelOracle

30 years of Stockholding Sales experience. Rumours and facts delivered to you. Its upto you to decide their credentials. England Joined July 2009

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Lord Sugar @Lord_Sugar

5 years ago

My eldest sister Shirley passed away today at the age of 88 she had been sick for a while but I guess covid got her in the end to join our brother Derek who passed 2 weeks ago . RIP SHIRL

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SteelGuru @SteelOracle

5 years ago

Couldn’t agree more, I used to@like listening to farage but after today’s disinfectant denial I suddenly realised he thinks the public are stupid, guess what not quite as much as him,

Lord Sugar @Lord_Sugar

5 years ago

Couldn’t agree more, I used to@like listening to farage but after today’s disinfectant denial I suddenly realised he thinks the public are stupid, guess what not quite as much as him,

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Market sources said that ex-West Coast HMS I/II 80:20 has been traded in the range of $265-270/mt CFR Kandla port in the west, compared to trades completed at around $280-282/mt CFR in the earlier week 🔗 bit.ly/31c4fzN

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SteelGuru @SteelOracle

5 years ago

Structural mills in Europe look to cut production in line with demand in an attempt to firm up prices. Order books are slowly returning and at levels expected after various country lockdowns.

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SteelGuru @SteelOracle

5 years ago

The uk steel sector bracing itself for a round of redundancies. Market conditions down some 30% and slowed cashflow is causing companies to cut their cloth accordingly.

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SteelGuru @SteelOracle

6 years ago

Something for nothing - you tax the rich too hard the rich Go. Then you have no more money at all. Corbyn think before you act. Those who want extra money Work for it. Try harder. Create your OWN business.

Lord Sugar @Lord_Sugar

6 years ago

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SteelGuru @SteelOracle

6 years ago

Although I agree the mill needs a helping hand this £300m will be used all the way down to stockholding level where they are competing with and due to surplus capacity in the supply chain gives them an unfair advantage. Sell off the stockholding side or close them.

Karun Mittal💎 @karun_f7

6 years ago

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SteelGuru @SteelOracle

6 years ago

Has the French subsidery now broken away with grey bull intact? This was a profitable arm of BS but now removed. Not sure this will help the sale.

Karun Mittal💎 @karun_f7

6 years ago

Has the French subsidery now broken away with grey bull intact? This was a profitable arm of BS but now removed. Not sure this will help the sale.

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SteelGuru @SteelOracle

6 years ago

Whilst in debt and borrowing money from the uk tax payer Nationalise BRITISH STEEL, close their loss making distribution depots and focus on a more controlled company. They can never pay back these loans look at their margins this last five years.

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Karun Mittal💎 @karun_f7

7 years ago

#Steel prices in the US have dropped below their levels before #Trump´s new #tariffs on imports last year, as world markets have responded to concerns about a slowdown in demand in #China. ow.ly/dUCW30neSsY

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SteelGuru @SteelOracle

7 years ago

The UK steel market seems to remain optimistic despite the failings of government Brexit deals. However, stockholders seem to have dropped their prices again strong on a crash 2nd, 3rd and 4th quarter. Come on guys and girls you are drowning already.

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Karun Mittal💎 @karun_f7

7 years ago

245 arrested and Yuan 4.8 billion worth of steel scrap seized as #China cracks down on #scrap smuggle for export. The Chinese Customs’ crack-downs on steel smuggling and tax evasion. This is a case illustrating that the country is evovling towards a more organised economy.

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European Commission @EU_Commission

7 years ago

"We will now trigger a dispute settlement case at the WTO, since the US measures on steel and aluminium clearly go against agreed international rules" @MalmstromEU #EUTrade pscp.tv/w/1YpJkElwOAXKj

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Karun Mittal💎 @karun_f7

7 years ago

The decision to impose tariffs on European-origin steel imports could also lead to the return of Turkish-origin material into the US market. What do you think on... @BBCr4today

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SteelGuru @SteelOracle

7 years ago

Section 232 the maddest way to sure up your own industries because the world is reliant on each other now to succeed. It’s blinkered and it’s another short sighted way to do business. Maybe the whole world should impose a 25% tarrif on all imports. Think of the revenue!!