MITI launches  Steel Industry Roadmap 2035 to revamp industry


Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.— MUHAMAD SHAHRIL ROSLI/The Star

KUALA LUMPUR: The Ministry of Investment, Trade and Industry (MITI) has launched the Steel Industry Roadmap 2035 (SIR2035), which provides a "sequential pathway” to stabilise, restructure, and transform Malaysia’s steel industry.

Its minister, Tengku Datuk Seri Zafrul Abdul Aziz, said the roadmap outlines 15 strategies, setting out a phased strategy to address overcapacity, strengthen resilience, and reposition the industry for sustainable growth in line with global decarbonisation trends.

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