Malaysia’s Lion Industries Corp is planning to start production at its hot-rolled coil plant in Banting, Selangor in December. The plant with an annual capacity of 3.2mn mt is being repaired and upgraded.
The company aims to expand to full production by February 20220.
On the other hand, the company is handling modification work at its steel plant in Pasir Gudang, Johor where billets, steel bars, and sections are produced. It is expected to initiate production in January or February 2022.