Steel players’ wish list for Budget 2022


According to Malaysia Steel Association (MSA) president Tan Sri William Cheng, (pic) the steel industry, affected by excessive imports in recent years, is facing huge challenges following the lockdowns and subsequently operating at reduced capacities.

PETALING JAYA: Steel players wish for the government to allocate special incentives, tax relief and schemes to help stimulate the consumption of local iron and steel products in the country.

According to Malaysia Steel Association (MSA) president Tan Sri William Cheng, (pic) the steel industry, affected by excessive imports in recent years, is facing huge challenges following the lockdowns and subsequently operating at reduced capacities.

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