PETALING JAYA: The bearish view on the global steel market will likely be prolonged, as steel prices and demand are unlikely to see any favourable improvement, according to CSC Steel Holdings Bhd
.
In a filing with Bursa Malaysia, CSC Steel said Europe’s energy crisis was forcing the manufacturing industry across the continent, including steel mills, to close down.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
