30
Jun
13:00
Steel association bemoans Malaysian gas price hike
The Malaysian Iron and Steel Industry Federation (Misif) warns that an increase in natural gas prices for the non-power sector could cost steelmakers an extra MYR 100 million ($25m) each year. Combined with other cost pressures, growing energy costs are hampering the ability of Southeast Asian steelmakers to compete with Chinese exports, Kallanish notes.
The Malaysian government has raised its benchmark for natural gas supplied to the non-power sector by 5.95% e…
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Anonymous
Very good overview of the weekly steel market.
Anonymous