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KUALA LUMPUR: Malaysia must act decisively to defend its steel industry as global evidence mounts that unfair pricing practices are distorting international markets and undermining domestic producers.
KNM Group Bhd’s (KL:KNM) non-independent, non-executive chairman Tunku Datuk Yaacob Khyra was his usual affable self, but he did look tired when we met at his office last Friday afternoon. Yaacob, who has a 41.81% stake in MAA Group Bhd (KL:MAA), which in turn holds 19.37% of KNM, has been in the...
THE unveiling of the Steel Industry Roadmap 2035 (SIR 2035) last week comes at a critical time for the iron and steel industry, which has long struggled with overcapacity and fierce competition, leading many players to incur financial losses.
The SIR 2035 was launched by Minister of Inv...
KUALA LUMPUR: Keluli bukan sekadar komoditi, sebaliknya tonggak keselamatan dan kedaulatan negara yang mesti dipertahankan, demikian menurut Pengerusi Eksekutif Kumpulan Mycron Steel Bhd, Tunku Datuk Yaacob Khyra.
KUALA LUMPUR: Mycron Steel Bhd menegaskan bahawa lambakan keluli murah di pasaran tempatan kini menjadi ancaman terbesar yang boleh melumpuhkan industri keluli negara serta menggugat asas kedaulatan ekonomi Malaysia.
AMID the focus on the impact of US tariffs on trade, a clampdown on steel imports from Malaysia, Vietnam and Indonesia by the Mexican government in mid-May has compounded the local steel sector’s woes.
A series of announcements by Mexico’s Secretary of Economy Marcelo Ebrard, beginning ...
THE Independent Steel Committee, established by the Ministry of Investment, Trade and Industry (Miti) in January 2024, has published its findings and policy recommendations in a report that was presented to the ministry.
While the report has not been made public, Malaysian Iron and Stee...
In a major move to protect US metal producers, President Donald Trump last Monday imposed 25% tariffs on all steel and aluminium imports, removing all previous exemptions. The decision, seen as a step towards a full-blown trade war, aims to close loopholes that allowed tariff circumvention throug...
KUALA LUMPUR (Feb 6): Malaysia has launched a probe into alleged dumping of flat-rolled steel products from China, South Korea, and Vietnam after a domestic steel producer filed a complaint about unfair pricing practices that have negatively impacted local manufacturers.
The investigati...
The government has initiated an administrative review of anti-dumping duties on imports of cold rolled coils of iron, or non-alloy steel, and of width more than 1,300 mm, originating or exported from China, South Korea, Japan and Vietnam.
KUALA LUMPUR: The government has initiated an administrative (sunset) review of anti-dumping duties on imports of cold rolled coils of iron, or non-alloy steel, and of width more than 1,300 mm, originating or exported from China, South Korea, Japan, and Vietnam.
The government has initiated an administrative (sunset) review of anti-dumping duties on imports of cold rolled coils of iron, or non-alloy steel, and of width more than 1,300mm, originating or exported from China, South Korea, Japan, and Vietnam.
FLAT-steel player Mycron Steel Bhd’s (KL:MYCRON) foray into the Mexican market last November has given the group’s financials a boost. For the financial year ended June 30, 2024 (FY2024), it chalked up a net profit of RM16.97 million, reversing its FY2023 net loss of RM12.33 million. This was on ...
KUALA LUMPUR (Sept 20): The Ministry of Investment, Trade and Industry (Miti) will be focusing on addressing the financial and ecological sustainability of the Malaysian iron and steel industry, as it seeks to rechart the industry’s direction in line with the New Industrial Master Plan (NIMP) 203...
Steel manufacturer Mycron Steel Bhd (KL:MYCRON) is planning to develop and launch its own patented green steel products by 2025, as it looks to address the growing demand for sustainable materials.
KUALA LUMPUR: Mycron Steel Bhd has inked a memorandum of understanding (MoU) with Japanese steel producer JFE Steel Corporation to drive the adoption of green steel solutions in Malaysia.