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Alliance Steel to add new shaft furnace in Malaysia works

Alliance Steel (M) Sdn. Bhd (Alliance Steel), a new China-invested integrated steelworks in Kuantan in East Malaysia, is planning to build a 14-sqm shaft furnace to improve its raw material supply system, a company official confirmed on August 20.
“The main purpose (of constructing the shaft furnace) is to produce pellets, so we will no longer need to purchase them from outside in the market,” he told Mysteel Global. “In this way, not only can we improve the quality of our steel products but we can also lower our

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