Steel makers oppose gas price hike, wants govt to step in


KUALA LUMPUR: Malaysia’s iron and steel makers have opposed the proposed 10% hike in natural gas prices and they want the government to stop Gas Malaysia Bhd from going ahead with it on July 1.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

China stocks dip to three-month lows on Gulf tensions, profit-taking
Oil jumps over 3% as fresh military strikes threaten Hormuz shipments
SK Hynix plunges after Nasdaq debut amid profit-taking, diminishing earnings optimism
Gold slides over 1% as oil surges on Strait of Hormuz closure fears
United Asiapac Energy signs underwriting deal ahead of ACE Market IPO
TSMC Q2 revenue jumps 36% from a year earlier, beating market expectations
Asian currencies weaken on renewed Gulf conflict, KOSPI tumbles 8%
Four Malaysian companies receive six Arm technology access approvals, says Akmal Nasrullah
MNCs tap China's industrial ecosystem
Betamek unit recognised under Industry4WRD Smart Manufacturing Assessment programme

Others Also Read