Based on Malaysia's local news that although the global steel market seems may still going weaken in early 2012, the coming demand from Malaysia's huge construction projects and government's development plans may help steel prices to stay firmly in Malaysia.

According to Malaysian Industrial Development Finance Berhad's research that the value of Malaysia government's new construction project will be about MYR 63 billion and the project detail will be announced in H2 2012; this will push Malaysia's steel demand to rise further.

(Sourced from www.yieh.com)