19
Mar
10:06
Leader Steel sees 18% demand growth
Malaysian welded pipemaker Leader Steel continued to profit in 2017 and expects a stronger year in 2018. So far in 2018 demand for its products is 18% higher than in the first quarter of 2017, it says.
The company adds that the value of the increased output and sales in Q1 2018 should be around MYR 50 million ($12.74m) compared with Q1 2017. It says it expects margins to contract slightly due to price pressure. It notes that the price of imported hot rolled coil…
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Anonymous
Very good overview of the weekly steel market.
Anonymous