Leader Steel Holdings Bhd is looking to a further increase in profit next year on higher selling prices for its steel products coupled with an expansion of its production capacity.
“We expect steel prices to rise further during the first three months of 2005 and to remain firm throughout the second quarter on strong demand worldwide,’’ group managing director Goh Cheng Huat told reporters in Kuala Lumpur yesterday after the transfer of Leader Steel's listing to Bursa Malaysia main board.