Industry News

Price index of steel decreases between 0.6pc and 2.3pc in June

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Update time : 2023-07-11 17:03:37

The price index per unit of steel decreased between 0.6 per cent and 2.3 per cent month-on-month in June 2023 for almost all areas of Peninsular Malaysia and Sabah, said the Department of Statistics Malaysia (DoSM).

In a statement, DoSM said the price index per unit of steel remained unchanged for several areas, such as in Johor, Terengganu, Kelantan and all areas in Sarawak (Kuching, Sibu and Miri), as compared to May 2023.

Apart from steel, the price index per unit of steel and metal sections also recorded a decrease between 0.3 per cent and 2.1 per cent for all areas in Peninsular Malaysia, Sabah and Sarawak.

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