"Steel is one of the most important construction materials today. Its application continues to grow and to diversify. Where before buildings were of bricks and mortar today ferro-concrete is the material of choice. In other countries steel-frame buildings are preferred. Although more expensive, steel-frame buildings are faster to build. In Malaysia there are a number of steel-frame buildings but the numbers are not big enough to create demand for steel sections and boost the steel industry. A steel industry used to be regarded as the measure of a country`s level of development. The more sophisticated the steel industry of a nation, the higher is its level of industrialisation. Today in the Information Age an advanced steel industry is not necessarily a measure of a country`s development. Nevertheless steel continues to be important for the physical development of a nation. The consumption of steel in a developed country remains high. While we focus on the K-economy we cannot neglect our steel industry."