Colform Group Berhad (“Colform”), a steel and building materials specialist across Malaysia, has made an impressive entrance into the market, posting RM23.75 million in revenue for Q4 2024 and RM100.72 million for the full year. The company’s strong financial performance highlights its resilience and growth potential in the downstream steel industry, especially with increasing demand from Malaysia’s infrastructure and construction sectors.
Colform registe...

The global steel industry is bracing for impact as the US government prepares to impose a 25% tariff on steel imports, set to take effect on March 12.
While Malaysia is not a major steel exporter to the US, the ripple effects could still be significant. Industries relying on steel—such as construction and automotive manufacturing—may feel the strain as prices fluctuate and supply chains adjust.
Key concerns:
1. Global tr...

Colform Group Berhad’s 2-hour chart indicates a consolidation phase with mixed signals. MCDX Plus shows strong green dominance, suggesting institutional accumulation, but the presence of yellow and red zones implies lingering selling pressure. The EMA remains flat, reflecting indecision, with price action oscillating around it. A sustained move above the EMA could confirm a bullish trend, while failure to hold may prolong sideways movement.
Key sup...