01
Jul
10:43
MISIF: Malaysia's steel industry struggles with low utilisation
Despite growth in apparent steel consumption, Malaysia's steel industry is still grappling with low utilisation amid an influx of steel imports due to overcapacity in the ASEAN region, according to the Malaysian Iron and Steel Industry Federation (MISIF).
"Currently we are fighting for survival, so you can see most steel mills in Malaysia are losing money," MISIF president Lim Hong Thye says at a press conference in Kuala Lumpur attended by…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous