Cluster 6: Malaysia Iron and Steel Industry Downstream Programme

Industry Lead: Mr HK Phang, SWAM

Lead Agency: Malaysia Steel Institute

Background

The long-term competitiveness of Malaysia's steel industry depends on its ability to move up the value chain and increase the production of higher value-added steel products. Strengthening downstream capabilities will improve industry profitability, create new market opportunities, and enhance the overall resilience of the steel ecosystem. This programme is therefore established to promote product upgrading, downstream development, ESG adoption, and greater value creation across the industry.

Sub-Programmes

6A. Malaysia Iron and Steel Industry Downstream Value-Added Programme.

6B. Malaysia Iron and Steel Industry Downstream ESG Certification Programme.

6C. Malaysia Iron and Steel Industry Sales & Services Tax (SST) Programme.

6D. Malaysia Iron and Steel Industry Testing Programme.

Alignment with Steel Industry Roadmap 2035 Strategy

S6: Establishing Groundwork for Steel Sector Decarbonisation.

S8: Facilitating Strategic Collaboration and Demand Commitments for Downstream Sector.

Alignment with Steel Industry Roadmap 2035 Priority

P1F: Established transparency on industry production and capacity data.

P2E: Facilitate and initiate internal improvement in efficiency and emissions by private sector players, and shift or convert high demand and high-value added products.