Steel unit price index falls to 5.7% in September


The unit price index of steel and metal sections decreased by 0.1% to 2.7% for almost all areas in Peninsular Malaysia, Sabah and Sarawak.

KUALA LUMPUR: The unit price index of steel decreased by 0.6% to 5.7% for almost all areas in Peninsular Malaysia, Sabah and Sarawak in September 2024 compared to the previous month, according to the Statistics Department.

In a special statement for building and structural works for September 2024, chief statistician Datuk Seri Mohd Uzir Mahidin said the highest decrease was in Perak (5.7%), followed by Kota Kinabalu (2.3%) and Penang, Kedah and Perlis (1.7%).

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Hume Cement appoints William Tan as group managing director
COP30: TNB a critical enabler to advance regional energy cooperation via Asean power grid
Ringgit ends slightly lower vs greenback on Fed rate outlook caution
Powerwell to expand into East Malaysia via strategic M&A
Bursa Malaysia's key index ends higher near 16-month peak
Velesto unit disposes of entire stake in Velesto Workover for RM16.5mil
Kim Loong anticipates satisfactory FY26 performance
Perdana Petroleum unit receives two work orders from PETRONAS Carigali
Awantec unit bags two contracts to supply AI tools to public unis worth a combined RM16.41mil
Willowglen MSC unit signs remote terminal unit supply contract for RM8.59mil

Others Also Read