AMID the headwinds of Covid-19, Leon Fuat Bhd, which is one of the smaller stocks in the universe of steel-related companies, has been quietly building up its steel pipe manufacturing business.
A manufacturer and trader of steel products, specialising in rolled long and flat products, Leon Fuat diversified into steel pipe manufacturing in 2018. For this, the company embarked on the construction of a three-phase manufacturing plant on a 16-acre in Kawasan Perusahaan Bandar Sultan Suleiman in Port Klang, near the North Port.