Steel industry needs more time to move up value chain


Speaking to the press after MISIF

SUBANG JAYA: Local steel players would need more time to move up the value chain to produce more elaborate steel outputs that are used in heavy industries, said the Malaysian Iron and Steel Industry Federation’s (Misif) president Datuk Lim Hong Thye.

“We had two companies before that used to produce hot rolled coils (HRC) but both of these companies stopped production due to various reasons.

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