Stats Dept: September steel price index falls by 0.1pc to 4.0pc

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Stats Dept: September steel price index falls by 0.1pc to 4.0pc
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KUALA LUMPUR, Oct 11 ― The price index of steel for September 2023 dropped between “negative 0.1 per cent and negative 4.0 per cent in the price index per unit of steel for...

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Chief statistician Mohd Uzir Mahidin said “a month-on-month comparison of construction materials and selected areas showed a decrease in the unit price index for selected materials such as steel, sand, bricks, wall and plumbing materials for most areas of Peninsular Malaysia, Sabah, and Sarawak.” The average price per unit of steel, consisting of mild steel round bars and Mycon 60 high tensile deformed bars was RM3,586.98 per metric tonne, recording a slight decrease of 0.9 per cent compared to August.

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