PETALING JAYA: The steel industry is expected to experience positive growth in 2024, with demand to be spurred by the commencement of infrastructure projects, says the Malaysian Iron and Steel Industry Federation (Misif).
Misif president Datuk Lim Hong Thye said if the government is able to kickstart the construction of infrastructure projects such as the mass rapid transit line three or MRT3 by this year, it will boost steel demand from the expected 8.3 million tonnes to nine million tonnes.
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