Steel Stocks Market Value

Steel Stocks Market Value dated on 16-06-2018  

Specialize: Cold Rolled Coil, CRC (冷轧卷)

Company	Market Value (Million)	PE
CSCSTEL (中钢馬來西亞)	509.00	9.45
MYCRON (麥克輪鋼鐡)	112.00	5.14
EMETALL (永美達集团)	95.00	6.21
YKGI (榕鋼控股)	74.00	-6.9

1.   CSCSTEL

After Megasteel (美嘉鋼鐡) temporarily closed CSCSTEL becomes the largest domestic producer. Annual production capacity of 0.48 million tonne is about 45% of domestic annual production capacity of 1.06 million tonne.

2.   MYCRON

The 2^nd largest domestic producer. Annual production capacity of 0.26 million tonne.

3.   YKGI

The 3^rd largest domestic producer. Annual production capacity of 0.20 million tonne

4.   EMETALL

The 4th largest domestic producer. Annual production capacity of 0.12 million tonne

Domestic yearly consume capacity on Cold Rolled & Cold Plate is about 1.6 million tonne.

Local production capacity unable to fulfill the demand and the gap to be fill up by import.

Along of Megasteel temporarily operation and government may impose more stringent protection measure, expect domestic producer to be full up the demand gap instead of outsider.

Malaysia government against import steel product implement anti-dumping
Product	Effective Date	Summary
Hot roll (熱轧卷), Steel Coil (花鋼卷), Pickled and oiled steel  (鋼卷和板材)	Started from 14-02-2015	Against China & Indonesia impose tariff from 2.49% to 25.4%. Duration of 5 years
Pre-painted, Painted & Color painted coil  (预涂，涂漆 或 彩涂鋼卷)	Started from 24-01-2016	Against China & Vietnam impose tariff from 12.06% to 52.10%. Duration of 5 years
Cold Roll (冷轧卷)	Started from 24-05-2016	Against China, Korea & Vietnam impose tariff from 3.06% to 23.78%. Duration of 5 years