02
Nov
07:34
Malaysia FIW Steel terminates operations
Malaysian steelmaker FIW Steel, formerly known as Federal Iron Works, plans to shut down the steelworks by the end of 2020, according to a notice to its employees seen by Kallanish. The flat steel producer did not explain the reason for the shutdown.
According to FIW Steel, its non-oxidizing furnace (NOF) continuous galvanizing line will stop operation by the end of November. This line is able to produce 250,000 tonnes/year of galvanized steel. In additi…
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