Refer link below: A8 - Segment information (*)

http://klse.i3investor.com/servlets/staticfile/287473.jsp

*GALVANIZED STEEL COILS seem to be 100% of its products.

and referring to link below:

http://www.mycronsteel.com/chairmansmsg.asp

Extracted under Domestic CRC Structure:

The 'higher quality Iron Ore Based CRC', is used by downstream manufacturers, mainly involved in producing steel drums for the petroleum and palm oil sectors, in making components for the automotive industry, in producing steel sheets for color coating and GALVANIZING PURPOSES.


From above two information, i am unable to convince myself if CSC STEEL uses any Scrap based HRC.

Two ways Government can protect Megasteel, one by quota of the raw material used by these companies and the other by the Duty on imported HRC. The latter strategy must have been more viable as it would be practically impossible for the manufacturers to produce product mix having compositions requirements as per the quota (ratio) accordingly.

I trust quota strategy did not work out and they relied on the Duty imposed. I am unable to find a clear guideline or confirmations on such quota in 2015.