19
Apr
12:13
Competition authorities clear struggling Megasteel
The Malaysia Competition Commission (MyCC) has cleared Megasteel from charges that it abused its position as the country’s sole hot rolled coil supplier, according to local media reports. The company has been struggling to compete against imports, especially after its call for duties drew vocal opposition, Kallanish notes.
MyCC began an investigation in 2012 after receiving a complaint from an unnamed Malaysian firm. It has now concluded, however…
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Anonymous
Very good overview of the weekly steel market.
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