BIS 3.60% $4.60 bisalloy steel group limited

Ann: Cleansing Notice, page-5

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    Considering the price of steel has been increasing, via IO, and BIS sources plate from BSL it can't be price related unless BIS passing on those costs to customers and making additional unaccounted profit for this fy. Defense getting lots of airtime on media lately and the those claiming may have a 'conflict' with China adding to speculation? I wonder if China has imposed tarriffs on their JV with BIS?
 
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