08
Nov
02:21
Malaysia’s steel industry faces overcapacity, underutilisation: analysts
The steel industry in Malaysia faces an ongoing struggle with overcapacity and underutilisation, Kallanish notes from an analyst report.
RHB Research says that in the domain of long products, China-owned Alliance Steel expects to add another 6.5 million tonnes/year to the 14.1m t/y of total capacity installed in Malaysia.
Meanwhile, China-backed Eastern Steel is also in the process of establishing Malaysia’s first integrated hot rolled coiled plant with 2…
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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