Leader Steel to raise output

Wisma Leader Steel located at Kawasan Perusahaan Bukit Tengah in Seberang Perai Tengah, Penang.

BUKIT TENGAH: Leader Steel Holdings Bhd expects its steel pipe output to increase by more than 20% this year due to the shortage of steel products and rising demand for steel in Malaysia.

The group’s revenue and bottomline for the financial year ending Dec 31, 2017 is expected to reach a record-breaking level, thus making the results the best for the past five years.