CSC Steel expects prices to remain firm, but whole year outlook is "less predictable"

Commerce recommended a tariff of at least 53 percent on all steel imports from 12 countries -- Brazil, China, Costa Rica, Egypt, India, Malaysia, Russia, South Korea, South Africa, Thailand, Turkey and Vietnam.

KUALA LUMPUR: CSC Steel Holdings Bhd net profit jumped in the last quarter ended Dec 31 on the back of a significant increase in steel prices.

The company expects steel prices to remain firm, at least until the first half of the year, thanks to China's clampdown on polluting industries, it said in a filing with Bursa Malaysia on Monday.