CSC Steel

What CSC Steel does

CSC Steel Holdings Berhad is a Malaysian flat steel manufacturer incorporated in 2000 and listed on the Main Board of Bursa Malaysia (ticker: CSCSTEL) since 2004, headquartered at Ayer Keroh, Melaka with a workforce of 501–1000 employees. The company operates as a downstream subsidiary of China Steel Corporation (CSC) of Taiwan, leveraging the parent's management practices, process technology, and corporate governance frameworks. Its single integrated manufacturing facility in Ayer Keroh produces a complete flat steel value chain: Hot Rolled Pickled & Oiled Steel (PO), Cold Rolled Steel (CR), Hot-Dipped Galvanized Steel (GI) marketed as realzinc, Pre-Painted Metal Products marketed as realcolor (including Thermoshield cool-roof and Primero high-corrosion variants), and Medium and High Carbon Steel. Technical differentiation rests on proprietary coating systems (hydrophilic self-cleaning, infrared-reflective Thermoshield; 2,000-hour salt spray-tested Primero), SIRIM Eco-label certification for coated products, and a vertically integrated stack from hot-rolled base metal through to finished pre-painted coil.

CSC Steel generates revenue through direct hardware sales of manufactured steel coils and sheets to enterprise customers across four primary end-markets — construction/building materials, automotive, home appliances, and general/industrial manufacturing — with additional exposure to drum, pipe/tube, furniture, and green renewable energy applications. Go-to-market is enterprise field sales organized into four geographic territories in Malaysia (Northern Region, Centre & Southern Region, Project-based & East Coast, Export) staffed by dedicated sales managers and supported by WhatsApp Business contact and a corporate website. Pricing is quote-based, reflecting commodity steel market dynamics rather than fixed list pricing; specific price points are not publicly disclosed. End-customers cited include Malaysian developers (Eco Grandeur, Bandar Sri Sendayan, Tropicana Aman), hospitality projects (Glory Beach Resort, Temasek Hotel), government/civic buildings (Dewan Sivik, UTC Melaka), and industrial facilities (Halal Hub Melaka, Transpasifik Textile). Geography served is primarily Malaysia, with export sales capability in place but no disclosed export revenue scale.

The business has been simplifying its corporate perimeter: it wound up dormant subsidiary Group Steel Corporation (M) Sdn. Bhd. in December 2020, divested its 6% stake in CSGT Metals Vietnam to CSGT International Corporation in October 2020, and disposed of its 20% interest in trading joint venture Hanwa Steel Centre (M) to Hanwa Co. Ltd. in February 2021. Revenue scaled from RM 1,080M (2020) to a RM 1,698M peak in 2022, then contracted to RM 1,559M (2023) and RM 1,513M (2024), reflecting steel commodity cycle pressure. Capital structure comprises 413 million ordinary shares with FY2023 Net Tangible Assets of RM 2.50/share and an FY2025 final dividend of 14.10 sen/share.

Name

CSC Steel

Legal name

CSC Steel Holdings Berhad

Website

https://cscmalaysia.com

Company type

Public

Founded year

2004

Operating status

Operating

Headcount range

501–1,000 employees

Short description

CSC Steel Holdings Berhad is a Malaysian flat steel manufacturer listed on Bursa Malaysia (CSCSTEL) that produces hot rolled, cold rolled, galvanized, and pre-painted steel coils for construction, automotive, home appliances, and industrial customers in Malaysia, operating as a downstream subsidiary of China Steel Corporation of Taiwan.

Ownership category

akta.pro rank

Product category

Flat Steel Manufacturing

NAICS

Steel Product Manufacturing from Purchased Steel (3312), Rolling and Drawing of Purchased Steel (33122), Rolled Steel Shape Manufacturing (331221), Metal Coating, Engraving (except Jewelry and Silverware), and Allied Services to Manufacturers (332812)

SIC

Miscellaneous Primary Metal Products (3390)

akta.pro primary industry

Coated & Plated Steel (Galvanized, Galvalume, Tinplate, Electrogalvanized, Color-Coated) (IMAKABAG)

akta.pro secondary industries

Cold Rolling & Finishing (Cold-Rolled Coil/Sheet, Temper, Skin Pass) (IMAKABAF), Hot Rolling & Primary Mills (Plate, Hot-Rolled Coil/Sheet, Strip) (IMAKABAE), Specialty & Alloy Steel (Stainless, Tool Steel, Electrical Steel, High-Strength/HSLA) (IMAKABAJ)

Keywords

• Flat steel products
• Cold rolled steel
• Hot dipped galvanized steel
• Pre-painted metal coils
• Carbon steel manufacturing

Headquarters

HQ city

Ayer Keroh

HQ country

Malaysia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Steel Manufacturing and Sales: CSC Steel manufactures and sells flat steel products including Hot Rolled Pickled & Oiled Steel, Cold Rolled Steel, Hot Dipped Galvanized Steel, and Pre-painted Metal Products. Revenue is generated through direct sales to customers in construction, automotive, home appliances, and industrial sectors.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

CSC Steel manufactures and sells flat steel products including Hot Rolled Pickled & Oiled Steel, Cold Rolled Steel, Hot-Dipped Galvanized Steel (realzinc), Pre-Painted Metal Products (realcolor), and Medium and High Carbon Steel. The company serves automotive, construction, home appliances, and industrial machinery customers across Malaysia with regional sales teams and selective export sales.

Product overview

CSC Steel is a flat steel manufacturing company with over 30 years of experience, producing a portfolio of steel products including Hot Rolled Pickled & Oiled Steel (PO), Cold Rolled Steel (CR), Hot-Dipped Galvanized Steel (GI), and Pre-Painted Metal Products under the realcolor brand. The company offers two main sub-brands: realzinc for pure zinc coated galvanized steel and realcolor for pre-painted metal products including Thermoshield and Primero variants. These products serve automotive, construction, home appliances, and industrial machinery sectors. CSC Steel also produces Medium and High Carbon Steel with varying carbon and manganese content for specialized applications.

Differentiator

Problem solved

Functional benefit

Brands

• realzinc: Hot-Dipped Galvanized Steel brand offering cost-effective corrosion protection using pure zinc coating for applications such as building materials, hardware, home appliances, and as base metal for pre-painted galvanized steel.
• realcolor

Products and services

• Hot Rolled Pickled & Oiled Steel (PO) Hot rolled pickled and oiled steel used as basic structural material for underbodies, automotive wheels and inner parts, strapping, tubing, and rack applications; sold to automotive and industrial OEMs.
• Cold Rolled Steel (CR) Cold rolled steel widely used across automotive, home appliances, drum, pipe, tube, steel furniture, and office equipment industries, and also serves as the base metal for CSC Steel's coated products.
• Hot-Dipped Galvanized Steel (realzinc GI) Hot-Dipped Galvanized Steel using pure zinc coating that delivers barrier and galvanic corrosion protection; positioned as the most economical and effective coated steel for building materials, hardware, home appliances, and as the base metal for pre-painted galvanized steel under the realzinc brand with SIRIM Eco-label certification.
• Pre-Painted Metal Product (realcolor) Pre-painted metallic coated steel widely used in building materials such as awning, roofing, cladding, wall panels, ceilings, and for home appliances and construction; sold under the realcolor brand, with SIRIM Eco-label certification and including Thermoshield (cool-roof) and Primero (corrosion resistant) variants.
• Medium and High Carbon Steel Carbon steel ranging from 0.29% to 0.95% carbon content and 0.30% to 1.65% manganese content, serving different industrial purposes requiring higher strength and hardness.

Quantifiable outcome

• 2000 hours salt spray test demonstrating corrosion resistance of realcolor® Primero vs PPGL
• +1 more outcomes

Named customers9 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered minor and core.

• Hanwa Co. Ltd.minorStrategic or Co-development Partner · 16 February 2021Disposal of entire 8,000,000 ordinary shares representing 20% equity interest in Hanwa Steel Centre (M) Sdn. Bhd. to Hanwa Co. Ltd. through Share Sale and Purchase Agreement.
• CSGT International CorporationminorStrategic or Co-development Partner · 22 April 2020Disposal of 6% shareholdings in CSGT Metals Vietnam Joint Stock Company to CSGT International Corporation for VND 28,569,552,120 (equivalent to USD 1,200,401). Transaction completed on 9 October 2020.
• China Steel Corporation (Taiwan)coreStrategic or Co-development PartnerParent company providing management experience and technological expertise. CSC Steel leverages CSC Taiwan's expertise in steel manufacturing operations, technology, and corporate governance practices. The Group is committed to providing stakeholders with their best interest based on CSC Taiwan's established management practices.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Nippon Steel Corporation: Japan's largest integrated steelmaker producing flat steel products including galvanized and pre-painted steel for automotive and construction. Comparable as a broad Asian flat steel incumbent offering overlapping coated steel products at global scale.
• China Steel Corporation: Taiwan-based integrated steel producer and parent company of CSC Steel. Comparable as the upstream/parent steel group that provides technology and management framework, and as a broader Asian flat steel incumbent with full integration from iron ore to finished steel.
• JFE Steel Corporation: Japanese integrated steelmaker with significant flat steel, galvanized, and coated steel operations serving automotive and construction end-markets. Comparable as a major Asian coated steel producer with overlapping technology and product portfolio.
• Baoshan Iron & Steel Co., Ltd. (Baosteel): China's largest steel producer with extensive flat steel, galvanized, and pre-painted product lines for automotive and construction. Comparable as a major coated flat steel incumbent whose export pricing directly impacts ASEAN market dynamics for CSC Steel.
• POSCO: Korean integrated steel giant producing flat steel (cold rolled, galvanized, electrical steel) for global automotive, construction, and appliance markets. Comparable as a major Asian flat steel producer with overlapping product categories but broader geographic reach and integration.

Direct peers

• Ann Joo Steel Berhad: Malaysian public-listed steel manufacturer producing billet, steel bars, and flat steel products for construction and industrial markets. Comparable as a Bursa Malaysia-listed domestic steel peer with similar end-market exposure and product portfolio breadth.
• Lion Industries Corporation Berhad: Malaysian conglomerate with significant steel operations including Lion Steel (a flat steel producer). Comparable as a Malaysian-based steel manufacturer serving construction and industrial customers with overlapping regional dynamics.
• Perwaja Holdings Berhad: Malaysian steel producer with historical focus on billet and long products, serving similar domestic industrial and construction markets. Comparable as a Malaysian-headquartered steel peer competing for the same downstream customer base.
• NS BlueScope Malaysia (BlueScope Steel Limited): BlueScope operates coated and pre-painted steel manufacturing in Malaysia serving construction and building materials end-markets with brands like ZINCALUME and COLORBOND. Directly comparable to CSC Steel in flat steel processing, regional sales coverage, and pre-painted metal product positioning.

Others

• YTL Corporation Berhad: Malaysian conglomerate with diversified industrial operations including construction materials and steel-related activities. Comparable as a Bursa Malaysia-listed Malaysian industrial/construction group with downstream exposure to the same end-market demand drivers affecting CSC Steel.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CSC Steel