Inadequate supply of iron ore worldwide is among the reasons why the price of steel bars in the country’s construction sector has increased, said Construction Industry Development Board (CIDB). Its chief executive Datuk Ir Ahmad ‘Asri Abdul Hamid said most of the iron ore mines could not operate at full capacity due to natural disasters …
The post Steel: Depleting iron ore supply among reasons for price increase — CIDB first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John