BHP upgrades its coating mill in Malaysia
The largest Australian steel producer
BHP Steel Ltd. is going to upgrade its
coated steel mill Bukit Kapar in
Malaysia in order to meet the increasing demand of its premium
coated steel product widely known as Clean Colorbond. The company will invest Ringgits 5 million (approx. $1.3 million) for this expansion plan.
BHP Steel announced that Clean Colorbond's monthly export figures have increased to 10'000 tons from 7'000 tons in the last eighteen months.
Furthermore, the company estimates a constant growth in demand, particularly from
China.
BHP Steel currently exports more than 15'000 tons of Clean Colorbond to
China annually. The company also exports to other Asian markets including Vietnam,
Singapore and
Sri Lanka.
BHP Steel produces Clean Colorbond for power stations, public buildings, leisure centres, airports, factories and pharmaceutical facilities.
In addition, the company will use its own steel products in the expansion of Bukit Kapar.