18
Aug
01:00
Slowing Malaysian GDP hits steel demand as currency aids producers
Malaysia saw GDP growth fall to 4.9% in in June quarter, down from 5.6% in the previous quarter, according to the national Bank Negara Malaysia (BNM). Disappointing investment figures mean the country’s steel demand growth is likely to remain stalled, under performing compared to regional rivals, Kallanish notes.
The figure was in fact higher than many expected thanks to robust consumer spending and exports. Investment figures, more significa…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous