29
May
09:28
Malaysian steel mills see sales growth
Malaysian steel firms have reported a steady improvement in domestic sales in the first quarter of 2018. Ramadan and other factors will mean a seasonal downturn in Q2 but they expect a stronger second half, Kallanish notes.
Ann Joo Resources saw its revenues increase 18% year-on-year to MYR 589.06 million ($142m) over January-March. It said sales were supported by both higher prices and a gradual improvement in local construction steel demand as large building a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous