Is Lysaght a value trap?

Lysaght Galvaized Steel has been able to maintain its revenue and profits over the past 12 years. While not fantastic considering that global demand is projected to grow at around 4% CAGR, the company is profitable.

The company is also financially ok with about half of its total assets in cash form. There is also currently > 30 % margin of safety from its Asset Value and Earnings Value. It is not in a sunset sector and there is no sign of digital disruption. As such I do not think Lysaght is value trap.
https://www.i4value.asia/2024/08/is-lysaght-value-trap.html#more

I have screened for steel companies based on the past 14 years average gross profitability and the 2022 Graham Net Net. This company was one of the 8 that came out of my screen. You should start with this one if you are interested in the steel sector