Nexus -
info_outline
Stay signed in to save your points and redeem your rewards at Nexus

Your Rewards are Waiting!

Stay signed in to save the points you've earned. Click on the points to redeem your rewards at Nexus before they expire.

Login In Now
Business

Megasteel closes Banting plant

By HANIM ADNAN and TEE LIN SAY
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.

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!
Business , Megasteel

Next In Business News
Singapore labour market expands in 1Q, employment rises by 9,400
Mieco Chipboard to be renamed Mieco from June 18
Bursa Malaysia ends higher, tracking Asian peers on improved global sentiment
Bursa Malaysia freezes Paragon Union's lower limit price at RM2.29
Vantris Energy returns to profit in 1QFY27, records RM145.79mil net profit
Mycron steel unit to acquire Shah Alam industrial land for RM30mil
Poh Kong posts higher net profit of RM70.01mil in 3Q
Taghill unit to undertake RM133mil construction job in Shah Alam
OSK unit secures govt approval for moneylending licence
Powerwell unit bags RM158.82mil switchboard supply contract

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.