The steel sector is a tough one to make money. Over the past 14 years (2009 to 2022) HiapTek ROE averaged 2% per annum. If you think this is terrible, wait till you see the sector average for the same period. It was negative 1%. Why would you want to invest in this sector? Well there are other gems but you have to dig deeper. For insights into the sector performance, go to https://www.i4value.asia/2021/10/a-tough-12-years-for-bursa-malaysia.html#more