Lion Group to restart flat products steel project

Corporate News
Wednesday, 16 Dec 2020

Related News

Corporate News 20h ago

SMG partners Antsomi to harness first-party data

Corporate News 19h ago

Trading ideas:Axiata, Velesto, Capital A, Cape EMS, KNM, Malton, Autoris, E&O, Ge-Shen, Astro, Binastra, MCE

Nation 13 Mar 2025

Adopt schools nationwide, says Anwar to corporate sector

PETALING JAYA: The Lion Group is restarting its flat products steel project to produce hot rolled coil (HRC) in the second quarter of 2021, with an annual production capacity of between 2.5 million and three million tonnes.

In a statement yesterday, the Lion Group said it is also planning to invest in a blast furnace (BF) project, with the first phase involving an investment of RM3bil.

Save 30% and win Bosch appliances! More Info

Monthly Plan

~~RM13.90/month~~
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

~~RM12.33/month~~
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only

Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

Tags / Keywords: Lion Group , BF , HRC , steel , hot rolled coils ,

Topic:

Corporate News

Is this article useful?

Report a mistake

What is the issue about?

Spelling and grammatical error

Factually incorrect

Story is irrelevant

Email (optional)

Thank you for your report!

Next In Business News

Others Also Read

INTERACTIVE: Malaysia's gender equality is No.1 in education but worst in politics among Asean countries

starplus20h ago

Market Summary

Quotes are delayed by at least 15 mins

Updated: 26 Mar 2025|6:50 PM

FBM KLCI

1518.05

4.45

0.29%

Vol ('00)

31,123,674

FBMKLCI

Day's Range

Low

1514.65

High

1525.73

52 Weeks Range

Low

1478.84

High

1685

Gainers399

Losers428

Unchanged480

Untraded1162

Go to Market Watch

Market Movers

Symbol	Open	High	Low	Last	Chg	%Chg	Vol ('00)
HSI-PWD1	0.210	0.210	0.195	0.200	-0.020	-9.09	2,429,041
HSI-CWEJ	0.160	0.170	0.160	0.165	0.010	6.45	2,311,283
HSI-CWEO	0.145	0.155	0.140	0.145	0.000	0.00	2,290,449
HSI-PWD7	0.225	0.235	0.215	0.225	-0.025	-10.00	2,235,663
HSI-CWCY	0.165	0.170	0.155	0.160	0.005	3.23	972,203
CLITE	0.230	0.240	0.220	0.230	-0.020	-8.00	704,818
HSI-PWFM	0.140	0.155	0.135	0.155	0.010	6.90	704,107
HSI-CWCM	0.160	0.170	0.145	0.160	0.015	10.34	588,593
XIAOMI-C36	0.220	0.220	0.215	0.220	0.005	2.33	549,028
HSI-PWFJ	0.205	0.210	0.195	0.205	-0.005	-2.38	500,007
RENEUCO	0.050	0.060	0.045	0.045	-0.005	-10.00	359,345
PBBANK	4.440	4.500	4.430	4.470	0.030	0.68	287,867
PERTAMA	0.155	0.155	0.125	0.135	-0.020	-12.90	287,742
DENGKIL	0.230	0.250	0.225	0.245	0.015	6.52	279,888
BORNOIL-WE	0.005	0.005	0.005	0.005	0.000	0.00	242,700

Lion Group to restart flat products steel project