29
Apr
09:48
Low Chinese supply squeezes Malaysian steel users
Malaysian steel consumers, especially in construction, have strongly criticised domestic steel firms for a shortage of supply and much higher prices. The shortage is largely due to a sharp drop in imports from China as prices there surge, the Malaysian Iron and Steel Industry Federation (Misif) contends.
In fact, both parties may have a point. Raging debates over import duties between Misif and the more protectionist local producer Megasteel have been weighing o…
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Anonymous
Very good overview of the weekly steel market.
Anonymous