Soft steel prices a challenge for Hiap Teck


PETALING JAYA: Weak steel prices, albeit starting to show signs of recovery, will continue to pose a challenge to Hiap Teck Venture Bhd’s near-term profitability, says Hong Leong Investment Bank (HLIB) Research.

The group imports, exports and deals in steel products, metal hardware and building materials.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Hiap Teck , steel , Eastern Steel

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
Singapore’s financial sector a big winner
Smart city can’t beat the traffic
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use

Others Also Read