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02 Mar
10:09

Malaysian customs raids stun steel importers

Raids by Malaysian customs officials last week startled steel importers and more companies have confirmed they were raided on Wednesday. The moves appear linked to disputes over HRC imports but all involved have been refusing to reveal further details, Kallanish notes. Ann Joo Resources, Wah Seong Corp and Amalgamated Industrial Steel joined Hiap Teck Hardware this week in confirming the raids.  The swoops have reportedly also included Alpine Pipe Manufactu…
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