Malaysian mills urge rethink of 'drastic' power price hike

摘要

The Malaysian steel industry views the government's December 2 announcement that it would implement a 17-19% hike in electricity tariffs for industrial users from January 1 as "too drastic" for the domestic iron and steel industry, Dato' Soh Thian Lai, president of the Malaysian Iron & Steel Industry Federation (Misif) said Thursday.