Industry News

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

Views : 138
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.

Related News
Read More >>
Asia’s HRC prices rising slowly Asia’s HRC prices rising slowly
Jan .22.2025
Asia’s HRC prices rising slowly
China’s record high ferronickel imports not to impact stainless steel prices China’s record high ferronickel imports not to impact stainless steel prices
Jan .22.2025
China’s record high ferronickel imports not to impact stainless steel prices
European Commission supports transition of steel and coal industries European Commission supports transition of steel and coal industries
Jan .22.2025
European Commission supports transition of steel and coal industries
ArcelorMittal Kryvyi Rih faces challenges in 2024, including energy shortages and rising costs ArcelorMittal Kryvyi Rih faces challenges in 2024, including energy shortages and rising costs
Jan .22.2025
ArcelorMittal Kryvyi Rih faces challenges in 2024, including energy shortages and rising costs