REBARSTEEL WIRE ROD

RM3,238

RM3,388

RM3,513

May 2022

NOTICEBOARD

THE STEELBILLETSCRAPIRON ORE

RM2,156

RM583

Trade Performance
Malaysia’s Trade Performance, January-May 2022
Malaysia’s Iron and Steel total trade value in May 2022 grew by 12.6 percent to RM6.0 billion compared to RM5.3
billion in May 2021 for the same period. However, the trade deficit reduced to RM282.1 million from RM758.7
million for the same comparison period.
Malaysia’s iron & steel export in May 2022 increased by 25.2 percent to RM2.8 billion from RM2.3 billion in May
2021. Three main export destinations in May 2022 were Thailand, Indonesia and Hong Kong, accounting for 9.3,
8.1 and 7.9 percent of the total export value respectively.
Malaysia’s iron & steel import in May 2022 showed a small change of 3.2 percent from 3.0 billion in May 2021 to
3.1 billion in May 2022. Imports from China, Taiwan and Japan accounted for the top three (3) spots representing
24.0, 17.0 and 12.0 percent of the total import value, respectively.
From January to May 2022, the total trade value of the Iron and Steel products stood at RM29.4 billion in 2022
compared to RM23.8 billion in the same period in 2021, an increase by 23.5 percent. Further, the trade balance
improved from a trade deficit of RM2.0 billion to a trade deficit of RM266.3 million during the same period ofcomparison.

Malaysia Trade Performance of Iron & Steel Industry
May 2022: RM6.0billion

Month Trade Value
12.6 % M-o-M change

May 2021: RM5.3billion

May 2022: (RM282.1million)
Trade Deficit

Month Balance ofTrade62.8 % M-o-M change

May 2021:(RM758.7million)
Trade Deficit

Month Export
May 2022: RM2.8billion
25.2 % M-o-M change

May 2021: RM2.3billion

Month Import
May 2022: RM3.1billion
3.2 % M-o-M change

May 2021: RM3.0billion

YTD Trade Value
Jan-May 2022: RM29.4billion
23.5 % Y-o-Y change

Jan-May 2021: RM23.8billion

Jan-May 2022:(RM266.3million)
Trade Deficit
Jan-May 2021:(RM2.0 billion)
Trade Deficit

YTD Balance of Trade86.6 % Y-o-Y change[AUTHOR NAME]

2MSI WITH YOU
VISIT TO ESTABLISHED METAL INDUSTRIES (EMI)Mr Lim Keng Yow, CEO of MSI has visited Established Metal
Industries (EMI) on 11 May 2022 to view the development ofnew IBS system for SME application.

MAJLIS RAMAH MESRA AIDILFITRI “EKONOMI LESTARI, TEGUH DAN MAKMUR”
On 31 May 2022, YB Dato 'Seri Mohamed Azmin Ali, Senior Minister, Minister of International Trade andIndustry invited to the Aidilfitri Friendly Ceremony “Ekonomi Lestari, Teguh, dan Makmur”. The open housecelebration this time was celebrated with the MITI family, MITI Agencies, industry players, chambers ofcommerce and media partners who have been very supportive of efforts to revitalize the economy.

[AUTHOR NAME]

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MSI BRIDGING GAPSDISCUSSION WITH WATERMARKS
The discussion between MSI and Watermarks was held on 11 May 2022 via Microsoft Team. Watermarks is
an Accredited Certification Body for CoA Iron & Steel products (long products - construction sector) under
the Construction Industry Development Board. With regards the appointment as Certification Body for CoAof Iron & Steel Products (non-construction sector). MSI advised that by following the protocol, it has to betabled to WG-MSC for discussion and consideration.

[AUTHOR NAME]

4VISIT FROM WORLDSTEEL ASSOCIATIONOn the 23rd of May 2022, Malaysia Steel Institute(MSI) organised a meeting between The Worldsteel
Association (Worldsteel), Malaysian Iron & Steel
Industry Federation (MISIF) and The Malaysia
Automotive, Robotics and IOT Institute (MARII). The
meeting was attended by Dr Nae Hee Han and Mr
Prashant Priyadarshi from Worldsteel, Ms Ng Mor
Kiang from MISIF and Mr Nasruldin and Ms Farhana
from MARII. Topics covered during the discussion
included the economic overview and identificationof growth drivers for the domestic market anddevelopment of steel market in the region. It was
highlighted that two local flat producers – Lion Steel Sdn Bhd and Eastern Steel Sdn Bhd will start productionin the near future. The meeting acknowledged production of automotive steel grade for domestic market is
not viable for the time being due to small automotive
industry in Malaysia. Besides trade, the discussion also
addressed several issues within the steel industry for eg.
post-pandemic recovery and outlook of the steel
consuming industry in the medium and long term. It wasalso emphasized that localisation of raw materials willrender tremendous benefit for Construction, Automotive,Shipbuilding and Electric & Electronics (E&E) industry tomove forward. Steel related policy also came underdiscussion which include decarbonization andsustainability issues of the steel industry and recycling forscrap. The meeting is to gather input for ASEAN 2035 Studyby Worldsteel.

HALATUJU MEETING
Malaysia Steel Institute (MSI) has been established since 2013as an agency under Ministry of International Trade andIndustry (MITI). After 9 years of establishment, Governmentand Founding Members i.e., MSA and MISIF to discuss theFuture Direction and Function of Malaysia Steel Institutetoward self-sustainability. Since November 2021, several meetings have been carried out, and the final
meeting was held on 26 May 2022.

[AUTHOR NAME]

5MSI TRU
RMK 12 BATCH 5 TRAINING
On 17 May 2022, MSI conducted a briefing session for the Batch 5 participants for RMK12 Iron and Steel
Training Programme 2022 (Extensive Training). The total of 12 participants taking part into the briefing.
From the target of 385 participants by end 2022, MSI has trained 184 participants under the Extensive
Training programme for 5 batch.

[AUTHOR NAME]

6STEEL FACTS[AUTHOR NAME]

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EVENTS HIGHLIGHT[AUTHOR NAME]

8STEEL NEWS1. Developing Safety Structures for Mobility as a Service vehicles
Source: https://steelemotive.world/safe-structures-for-mobility-as-a-service-vehicles/
Steel E-Motive’s body structure design and specifications will deliver a steel-intensive Mobility as aService vehicle, with features and attributes which are paramount for the introduction of a gamechanging transportation mode. The vehicle is engineered around the user and fleet operator, placinga strong focus on Comfort and Convenience without compromising vehicle safety.
Steel E-Motive is designed to operate in a mixed traffic mode operation (both driver-operated andautonomous vehicles); hence the vehicle should meet the current and future global high-speed crashtest standards. The compact vehicle dimensions and proportions result in relatively short front andrear overhangs. To enhance user experience and take advantage of full autonomy, the front
occupants are positioned in a rear facing configuration presenting a more significant challenge forcrashworthiness in frontal impact. This requires a revised front crash strategy and load management
approach for Steel E-Motive. The high strength and formability properties of Advanced HighStrength Steels (AHSS) have enabled us to meet these unique and challenging requirements.
One of the most challenging crash tests is the Insurance Institute for Highway Safety (IIHS) Small
Offset Rigid Barrier overlap (SORB), which is a 64kph frontal impact into a rigid barrier connectingwith 25% width of the vehicle. Different strategies for the crash load management and occupantprotection can be applied for this test. One approach is to deflect or “glance” the vehicle away fromthe barrier following the impact. This results in lower vehicle kinetic (moving) energy being
converted to impact (crush) energy, achieving reduced crash pulse (deceleration) and intrusion into
the occupant space. To enable the vehicle to “glance” from the SORB barrier on impact, a very highstrength front corner structure is required, especially in the lateral (Y) direction. Alternatively, thecrash load can be absorbed and managed using a conventional absorption approach, similar toFrontal Rigid Barrier (FFB) and Offset Deformable Barrier (ODB) tests. Here, the crash structure isengineered to decelerate the vehicle progressively and relies on a very high-strength hinge pillar andA-pillar structure to minimise intrusion to the cabin. Both strategies rely on attentive design of the
body structure and appropriate selection of AHSS grades.
Vehicle front crash structures are also engineered for other crash test load cases such as the USNCAP
Frontal Rigid Barrier (FFB) and Offset Deformable Barrier (ODB). Here, the aim is to fully absorb theimpact energy in a controlled manor whilst minimising intrusion and injury to the occupant. The
requirements of high-strength and rigidity elements for the SORB test and controlled crush
absorption in the FFB and ODB tests can often conflict and therefore require careful design of thebody front crash structure. The varied strength and ductility properties of AHSS’s enable engineers
to balance the conflicting requirements of these front crash tests.
Within the Steel E-Motive project, specific crash intrusion targets for the IIHS SORB and ODB tests
have been derived, deviating from conventional human operated vehicles. The existing test targets
consider crash intrusion measurements for the driver interface positions such as “steering column”
and “brake pedal”. For a Level 5 Autonomous vehicle, these targets are no longer applicable, anddue to the rear facing position of the front occupant, additional intrusion measurement locations
and targets are defined, specifically around the occupant head and torso region. These additionaltargets ensure that the risk of severe injury to the occupants in the event of a frontal collision areminimised.

The Steel E-Motive body structure incorporates several features to ensure the design meets thefront crash worthiness requirements. The front bumper beam and crash longitudinals are optimisedand oriented to engage with the SORB barrier on initial impact and initiate a high lateral force. Thefront subframe also plays an important role in stabilising the front structure and maintaining
reaction forces to the SORB barrier. Extended upper rails (“SORB beams”) have been engineered toensure the front structure maintains a sufficient lateral reaction force to guide the vehicle along thebarrier, whilst not compromising the longitudinal crush requirement for the FFB and ODB tests. A
high-strength shock tower and lateral brace ensure the vehicle maintains the glance trajectory andforms part of the intrusion prevention structure as the barrier nears the front occupants. The front
hinge and A-pillars are fabricated from AHSS ensuring the structural integrity is maintained andintrusion values are minimised. Furthermore, the occupants are protected by an extended AHSS
zone around the front header, cantrail and front bulkhead.
The USNCAP rigid barrier and IIHS ODB tests require a longitudinal crushable zone within the front
crash rails. This results in a controlled and progressive collapse of the crash rail and protection of theoccupants from high decelerations and intrusions.
By implementing this strategy and the design features in the Steel E-Motive body, our vehicle
concept achieves the desired crash worthiness targets, especially challenging with a uniqueoccupant position and small front overhang. Here, AHSS properties enable fine tuning of the front
crash structure in various locations for different requirements.
The main requirements for the side crash structure are the protection of occupants and the highvoltage battery in the IIHS Moving Deformable Barrier and Euro NCAP Side Pole tests . The internal
reinforcements of Steel E-Motive’s scissor door have been optimised to provide protection for themoving deformable barrier and compensate for the lack of a central B-pillar. For the standardized
Side Pole test, the occupants are positioned inside of the AHSS A- and C-pillars near the pole impactzone, which provide very good protection. We also have considered more challenging side pole test
locations along the length of the rocker, to ensure the high voltage battery structural integrity ismaintained throughout. A crushable element has been engineered and optimised inside of therocker to provide crush energy absorption, and AHSS members outboard of the battery modules
prevent intrusion and damage.
2. Malaysia attracts new investments worth RM16.52bil from the US
Source: https://www.nst.com.my/news/nation/2022/05/798088/malaysia-attracts-newinvestments-worth-rm1652bil-us-nsttv
KUALA LUMPUR: Malaysia has attracted RM16.52 billion worth of new investments from its trade
mission in the United States (US) said Senior Minister of International Trade and Industry, Datuk Seri
Mohamed Azmin Ali.
"We hope that these commitments to investments can be finalised in the third quarter so there will
be job opportunities for Malaysians," he said during a briefing on the Trade and Investment
Promotion Mission to the United States today[AUTHOR NAME]

10Insulet, Ferrotec, Amazon Web Services Inc (AWS) and Cue Health are some of the companies thathave given their commitment to investments.
Additional investments were from seasoned investors including Texas Instruments and Boston
Scientific.
The 10-day Trade and Investment Mission, which kicked off on May 9 that was led by Azmin centred
on innovative and high value-added new sectors.
The semiconductor industry, digital economy and medical devices were among the highlights in linewith the National Investment Aspirations which focuses on high-quality investments and cuttingedge technology.
Azmin said the companies were also committed to creating a business ecosystem, ensuring
technology transfer and involvement of local industries, especially small and medium enterprises, insupply chains.
"Their investments will generate jobs, provide skills training opportunities for local workers,
establish collaborations with local universities and help to develop local vendors," he said.
The US is now Malaysia's third largest global trade partner and export destination, while Malaysia is
the US' 17th largest trade partner.
"The total export potential to the USD is at RM1.44 billion," added Azmin.
He further said despite the challenging global economy and economic uncertainties following theoutbreak of the Covid-19 pandemic, total trade between the two countries increased by 21.4 percent year-on-year to RM217.10 billion (USD$52.37 billion) in 2021.
Malaysia's exports to the US rose by 30.4 per cent to RM142.20 billion (US$34.31 billion), with themain exports comprising electrical and electronic (E&E) products and rubber-based products.
Imports from the US also increased by 7.4 per cent to RM74.87 billion (US$18.06 billion), including
E&E and steel products.
Asked about the meeting between Elon Musk and Indonesian President Jokowi Widodo on Tesla's
investment potential in Indonesia, Azmin said that the cooperation between Starlink and Malaysia
was proof Malaysia was able to attract high-quality investors.
"We cannot stop any country that wants to intensify efforts to attract investment to their country.
"Of course, we hope the giant companies will continue to support Malaysia. We have certain
strategies that we have in place to involve high-quality investments.
"Apart from being a pioneer for electric vehicle (EV) companies, he (Elon) is also a pioneer in spacetechnology and important technologies, in fact my visit to SpaceX gave new hope that they arecommitted to investing here," he said.
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ABOUT MSI
Malaysia Steel Institute (MSI) is an industry driven enterprise supported and funded by the Ministry of International
Trade & Industry (MITI) on shared responsibility basis with the industry. The main objectives of MSI are to promoteand develop the competitiveness, resilience and sustainability of the Malaysian Iron and steel industry; to provide
advisory services and to carry out commission or promote the study of scientific, technology and economic aspectsof iron and steel industry development in Malaysia; and to promote iron and steel product standardization andutilization within Malaysia. For more information, please visit malaysiasteelinstitute.com and follow us on Facebook,Twitter, LinkedIn and YouTube.
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