Leader Steel to raise output

TheStar Mon, Sep 11, 2017 08:43pm - 6 years View Original


Wisma Leader Steel located at Kawasan Perusahaan Bukit Tengah in Seberang Perai Tengah, Penang

Wisma Leader Steel located at Kawasan Perusahaan Bukit Tengah in Seberang Perai Tengah, Penang

BUKIT TENGAH: Leader Steel Holdings Bhd expects its steel pipe output to increase by more than 20% this year due to the shortage of steel products and rising demand for steel in Malaysia.

The group’s revenue and bottomline for the financial year ending Dec 31, 2017 is expected to reach a record-breaking level, thus making the results the best for the past five years.

Group managing director Datin Tan Pak Say told StarBiz there was a shortage of steel products in the market, following the significant contraction in the output of steel products from China.

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