With an apparent steel use (ASU) per capita of just 130kg--the third-lowest in the world--and a population size of about 640 million people, South East Asia has become an attractive steel investment destination.

Malaysian Iron and Steel Industry Federation
The National Industry Association for Manufacturers of Iron and Steel Products
With an apparent steel use (ASU) per capita of just 130kg--the third-lowest in the world--and a population size of about 640 million people, South East Asia has become an attractive steel investment destination.
Malaysia exports nearly 30% of its iron and steel products to its ASEAN neighbours, which is Malaysia's largest single export destination if ASEAN were a country.