Ann: Ceasing to be a substantial holder, page-4

There will probably be more pain (in the short term at least). Inventory up 5000 tonnes per day for the past 2 days. Not liking the looks of it considering it has dropped by 500 tonnes/day for a while..

USA challenging China's steel manufacturing position is not good too (may be good for pollution control in China though!).

And shorts spiking up recently doesn't bode well too.

All signals don't look good in the short-term. It may re-test 52 week low..