Tel :
CSC Steel Holdings Bhd, Malaysia's largest listed steel company, reported a 9% year-on-year decline in revenue for the fiscal year ending December 31, 2025.
According to a filing with Bursa Malaysia, CSC's revenue fell to RM1.38 billion in fiscal year 2025, primarily due to a continued decline in average selling prices.
However, thanks to lower raw material costs and a stronger ringgit against the US dollar, the group's net profit more than doubled year-on-year to RM69.4 million. In the fourth quarter, CSC's net profit increased by 61.7% year-on-year to RM18.3 million; revenue, however, decreased by 4.2% year-on-year to RM330.4 million. 64F210 Non oriented magnetic steel, The company stated that sales volume increased slightly during October to December 2025, but this was offset by a decrease in average selling prices.
Looking ahead, CSC expects the global steel market to benefit from improving demand and continued supply-side adjustments. 64F210 Non oriented magnetic steel, While high Chinese exports continue to exert competitive pressure, China's export licensing system for some key products is expected to help strengthen market discipline and alleviate regional supply-demand imbalances.
The group stated, "These changes, coupled with strengthened trade protection measures in the United States, the European Union, Mexico, and Canada, are supporting a gradual recovery in international steel prices."
Domestically in Malaysia, the steel industry is in a relatively balanced environment, facing new cost pressures on one hand, and resilient demand on the other. The financial impact of supply chain adjustments resulting from the implementation of the carbon tax and commercial vehicle regulations is expected to be partially offset by favorable exchange rate movements, thus providing a strategic buffer against imported raw material costs. 64F210 Non oriented magnetic steel, Meanwhile, basic steel demand continues to be supported by stable construction activity and the ongoing progress of major infrastructure and industrial projects.
Despite these positive factors, the CSC points out that market competition will remain highly intense following the final ruling of a 0% duty rate in the anti-dumping investigation against some Vietnamese galvanized steel coil producers.