Alliance Steel plans $1.8B expansion in Malaysia

Alliance Steel, a joint venture between Guangxi Beibu Gulf Port International Group and Guangxi Shenglong Metallurgical, is undertaking the second phase of its expansion plan in Kuantan, Malaysia, adding 6.5 million tonnes/year of steel capacity by 2026 with an investment of $1.8 billion.

“We are currently undertaking the engineering design for the project. It will take about two years to complete. We expect the project to go into production in 2026.”seaisi.org

• 1 source
• seaisi.orgAlliance Steel targets another 6.5mty capacity in 2026 | SEAISIDec 13, 2023

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