US recently slapped 50% tariffs to imported steels. China has to dump the excess steel stocks to somewhere else, in Malaysia there's no anti dumping against china's long steel which means no barrier for them to enter our market with all the dumping steels. All in all, the worst is yet to come for local long steel counters. If you think it's cheap to buy a loss making company that has RM1.32 book value then just go ahead XD