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Ovviously if agl and bil keep selling steel they will keep feeling the price drop, but how much steel do they sell? Wil kio be affected more than any other share?
cutting the steel prices does not affect this big boys per say in a short term, they dig the rock and they do not mill it. they have already signed their contracts late last year, if not early this year. so you notice they are not affected much by the news. KIO??? Eish, met ys! I think its just following the market sentiment. I would wait for a fall of 7% so and jumb in.