Masteel first steel mill listed on FTSE4GOOD Bursa

KUALA LUMPUR: Malaysia Steel Works (KL) Bhd (Masteel) has become the first ‘ultra-low carbon emission’ integrated steel mill listed on the FTSE4GOOD Bursa Malaysia Index, having invested over RM60 million in various carbon dioxide (CO2) emission reduction initiatives in its operations.

Managing director and chief executive officer Datuk Seri Tai Hean Leng said Masteel’s pioneering achievement on FTSE4GOOD Bursa Malaysia Index was borne out of the unequivocal dedication, foresight and immense success in revolutionising the steel-making industry at its core manufacturing process.