Posted on 31 Jan 2013
Bluescope Lysaght (M) Sdn Bhd sees a vast growth potential this year with the strengthening of local production and growing steel consumption, said its president Heon Chee Shyong.
Heon said with more projects being implemented under the Economic Transformation Programme, 2013 would be a promising year for the construction industry.
“We are looking into opportunities to expand our business and resources in Malaysia by exploring new market segments,” he told Bernama yesterday. He hoped that more residential projects would use steel roofing instead of concrete as its quality was better, durable and with enhanced aesthetics.
“The company sees a growing demand for the metal roofing as it is more robust and offers better security and protection from extreme weather,” he said.
He said Bluescope faced challenges in the market from importers who offered competitive prices.
“The influx of cheap building materials of questionable quality has affected the profit margins of local producers.