Struggling Malaysian steelmaker Perwaja ceases operations

Perwaja Holdings Berhad has ceased operations of its steel meltshop and direct reduced iron plant, pending a financial restructuring.

The Malaysian billet producer is currently focusing on working out a restructuring scheme with the appropriate authorities, financial lenders and major creditors, a company spokeswoman confirmed to Steel First on...


Weilyn Loo

January 10, 2014

10:34 GMT