Megasteel closes Banting plant


Troubled plant: Inside the Megasteel plant.

Industry sources say the firm has stopped operations after months of deliberation

AFTER months of deliberation, Lion Group’s ailing steel miller Megasteel Sdn Bhd has ceased operations at its 17-year old flat steel products plant in Banting, Selangor, according to industry sources.

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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.

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Business , Megasteel

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