Malaysia Steel Works (KL) Bhd.
MMYX:MASTEEL0.19
MYR
0.00
(0.00%)
Malaysia Steel Works (KL) Bhd.
MYX:MASTEEL
(Bursa Malaysia)
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0.19
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- Business
- Malaysia Steel Works (KL) Bhd. is a Malaysia-based investment holding and steel manufacturing company that specializes in the production, fabrication, and distribution of high-grade steel bars and steel billets. Founded in 1971 and headquartered in Petaling Jaya, Selangor, Malaysia, the company operates integrated manufacturing facilities comprising an electric melt shop in Bukit Raja, Klang, and a rolling mill in Petaling Jaya. The company's core product and service portfolio includes prime continuously cast steel billets utilized as high-quality feedstock for steel re-rolling mills; high-tensile deformed steel reinforcing bars (rebar) manufactured to international standards for structural concrete reinforcement in residential, commercial, and civil infrastructure construction; mild steel plain round bars for structural fabrication and general engineering applications; and customized cut-and-bend rebar prefabrication services tailored to structural engineering specifications. Malaysia Steel Works (KL) Bhd. primarily serves civil engineering contractors, infrastructure developers, structural fabricators, and building material stockists across Malaysia, alongside export markets across Southeast Asia and the Asia-Pacific region. In recent developments, the company has transitioned toward sustainable low-carbon steel production by leveraging energy-efficient electric induction furnace technology and deploying large-scale rooftop solar photovoltaic installations across its manufacturing assets to reduce carbon intensity and energy consumption. Furthermore, the company has advanced the operational digitalization and automation of its Bukit Raja and Petaling Jaya facilities to enhance yield efficiency and product traceability, reinforcing its position within the FTSE4Good Bursa Malaysia and FTSE4Good Bursa Malaysia Shariah indices.