KUALA LUMPUR: Mycron Steel Bhd
will agree to continue buying 50% of its raw material needs from Megasteel Sdn Bhd and the other half from abroad provided its three conditions are met, its top executives said.
International Trade and Industry Minister Datuk Seri Mustapa Mohamed had reportedly told Mycron in a meeting earlier this month that the Government would still require it to procure hot-rolled coils (HRC) from Megasteel, the country's sole producer of the material, and import the rest, which is the current practice.
