The steel industry, being one of the main arteries of the industrial age continues to be in demand till this very day given the metal’s widespread usage in various other industries.

Steel is a raw material that is used in other key industries such as the construction, oil & gas, automotive industry and heavy manufacturers.

There is an urgent need for Malaysian steel producers to quickly move up the value chain to produce flat products steel following the slump in mega projects in the medium term that will affect demand for construction type steel.

Steel used in the construction industry and civil engineering sector is also known as long products steel and is the primary mover of steel demand all over the world including in Malaysia.

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