KUALA LUMPUR: Shares of steel companies on Bursa Malaysia rose in early trade Thursday after the Government imposed anti-dumping duties on flat-rolled steel from China, South korea and Vietnam.
Companies such as Hiap Teck Venture Bhd
, Malaysia Steel Works (KL) Bhd and Lion Industries Corp Bhd are among the most actively traded counters on Bursa Malaysia.
Hiap Teck was unchanged at 46.5 sen with over 20 million shares traded. Masteel added 3.85%, or two sen to 54 sen and Lion Industries fell 0.79%, or 0.5 sen to 63 sen.
Press Metal rose four sen to RM7.95, Ann Joo added one sen to RM1.44, Choo Bee advanced nine sen to RM1.69 and Mycron rose three sen to 48.5 sen.
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