Donald Trump’s 25% tariffs on steel and aluminium are expected to have an impact on Malaysia’s steel industry.
Big steel-producing countries will look for new places to sell their products at lower prices, making it harder for Malaysian steelmakers to compete.
Experts warn that the Southeast Asian region, including Malaysia, will be hit by a glut of steel from countries such as China and Vietnam.
Local steelmakers are already struggling, and this dumping of cheap steel will only make matters worse.
There are some companies selling their products below cost just to survive.
However, businesses that use steel such as wire rod and pipe makers could benefit as they can buy the material at lower prices.
Industry leaders are calling on the government to step in and stop steel dumping from abroad.
Without stronger protection, Malaysia could become a dumping ground for surplus steel from other countries, putting local producers at risk.
