KUALA LUMPUR: The Malaysian Iron and Steel Industry Federation (Misif) will use all available avenues to protect the interest of the domestic iron and steel industry.
In a statement yesterday, the federation said it was of the firm view that Megasteel Sdn Bhd’s petition was without merit and any imposition of safeguard measures and further protection measures in the form of the proposed special purpose vehicle to bail out an insolvent company was contrary to public interest.
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