Mycron Steel Bhd.
MMYX:MYCRON0.20
MYR
0.00
(0.00%)
ISIN
MYL5087OO001
Return %
Stock
S&P 500
1Y
-25.00
14.20
3Y
-41.79
81.12
5Y
-63.55
68.34
Capital Structure
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- CEO
- Roshan Mahendran bin Abdullah
- Full Time Employees
- 545
- Sector
- Non-energy minerals
- Industry
- Steel
- Address
- Shah Alam Malaysia
- IPO Date
- May 25, 2004
- Website
- mycronsteel.com
- Similar Companies
- Business
- Mycron Steel Berhad is a Malaysia-based investment holding company primarily engaged in the manufacturing and distribution of cold rolled steel coils and steel tubes and pipes. Founded in 2003 and headquartered in Shah Alam, Selangor, Malaysia, the company operates as the core steel manufacturing subsidiary of Melewar Industrial Group Berhad. Mycron Steel Berhad conducts its operations through two primary business divisions: Cold Rolled Coil and Steel Tube. Through its subsidiary Mycron Steel CRC Sdn. Bhd., the company manufactures and supplies cold rolled steel coils and sheets across various technical grades, including commercial quality; drawing quality; deep drawing quality; and high-strength structural grades, serving end markets such as automotive manufacturing, electrical household appliances, metal drums, office equipment, and building products. Through its subsidiary Melewar Steel Tube Sdn. Bhd., the company produces a comprehensive range of electric resistance welded steel tubes and pipes, encompassing circular hollow sections; square hollow sections; rectangular hollow sections; galvanized iron conduit pipes; structural steel tubes; automotive exhaust and mechanical tubing; precision furniture tubes; and standard water transmission pipes. The company additionally provides steel service center capabilities, consisting of precision coil slitting; flat sheet shearing; and customized cut-to-length processing. Mycron Steel Berhad serves industrial manufacturers, fabricators, and commercial stockists primarily within the Malaysian domestic market, while maintaining export operations across Southeast Asia and neighboring regional markets. In recent operational developments, the company has executed plant modernization initiatives and equipment enhancements across its Shah Alam manufacturing facilities to improve production yields, increase technical capabilities for higher-margin precision products, and strengthen operational efficiencies. To advance its environmental, social, and governance objectives and manage rising industrial electricity tariffs, Mycron Steel Berhad has installed and commissioned industrial rooftop solar photovoltaic systems across its key production assets. Furthermore, the company has adapted its supply chain, procurement, and inventory strategies to navigate ongoing raw material price volatility in hot rolled coil inputs and address shifting domestic and regional trade policy frameworks.