lion industries sells stakein antara steel hbi plant to esteel

(Icon) Lion Industries (1) - Top Pick For Steel Recovery

Lion Industries has three major business operation :- (a) Amsteel Mill in Klang manufactures long products such as bars, rods, etc; (b) Antara Steel Mill in Johor manufactures light sections such as angle bars, flat bars and U-channels; and (c) Hot Briquetted Iron plant in Labuan which converts iron ore into HBI, a substitute for iron scrap. 2.

(Icon) Lion Industries (1) - Top Pick For Steel Recovery

Lion Industries has three major business operation :- (a) Amsteel Mill in Klang manufactures long products such as bars, rods, etc; (b) Antara Steel Mill in Johor manufactures light sections such as angle bars, flat bars and U-channels; and (c) Hot Briquetted Iron plant in Labuan which converts iron ore into HBI, a substitute for iron scrap. 2. AmWatchLion Industries Corp Bhd said it is disposing of its hot briquetted iron (HBI) business in Labuan to Singapores Esteel Enterprise Pte Ltd for US$128mi (RM546.56mil). The group and its 99%-owned unit Amsteel Mills Sdn Bhd (AMSB) have inked a sale and purchase agreement with Esteel for AMSBs disposal of its 100% stake in Antara Steel Mills

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Lion Industries Corp Bhd said it is disposing of its hot briquetted iron (HBI) business in Labuan to Singapores Esteel Enterprise Pte Ltd for US$128mi (RM546.56mil). The group and its 99%-owned unit Amsteel Mills Sdn Bhd (AMSB) have inked a sale and purchase agreement with Esteel for AMSBs disposal of its 100% stake in Antara Steel Mills Antara Steel Mills Sdn. Bhd.Home About Us Products Facilities Contact Us Personal Data Protection Policy © Copyright Antara Steel Mills Sdn. Bhd. 2014.

BURSA 9-Jun Day chg % chg Research Highlights

Lion Industries Corp Bhd said it is disposing of its hot briquetted iron (HBI) business in Labuan to Singapores Esteel Enterprise Pte Ltd for USD128.0m (RM546.6m). The group and its 99%-owned unit Amsteel Mills Sdn Bhd (AMSB) have inked a sale and purchase agreement with Esteel for AMSBs disposal of its 100% stake in Antara Steel Mills BURSA 9-Jun Day chg % chg Research HighlightsLion Industries Corp Bhd said it is disposing of its hot briquetted iron (HBI) business in Labuan to Singapores Esteel Enterprise Pte Ltd for USD128.0m (RM546.6m). The group and its 99%-owned unit Amsteel Mills Sdn Bhd (AMSB) have inked a sale and purchase agreement with Esteel for AMSBs disposal of its 100% stake in Antara Steel Mills

Industrial Insight Daily News - BizSmart® Solution

Jun 10, 2020 · Lion Industries Corp said it is disposing of its hot briquetted iron (HBI) business in Labuan to Singapores Esteel Enterprise Pte Ltd for USD128m (RM546.56 million). The group and its 99%-owned unit Amsteel Mills Sdn Bhd (AMSB) have inked a sale and purchase agreement with Esteel for AMSBs disposal of its 100% stake in Antara Steel Mills Key indices Last price Change (%)have inked a sale and purchase agreement with Esteel for AMSBs disposal of its 100% stake in Antara Steel Mills Sdn Bhd, which operates the Labuan HBI plant. Excluded from the deal is Lion Industries long steel plant located in Pasir Gudang, Johor. (The Edge) Malaysia Airports Holdings Bhds (MAHB) airports are safe and ready for

Key indices Last price Change (%)

have inked a sale and purchase agreement with Esteel for AMSBs disposal of its 100% stake in Antara Steel Mills Sdn Bhd, which operates the Labuan HBI plant. Excluded from the deal is Lion Industries long steel plant located in Pasir Gudang, Johor. (The Edge) Malaysia Airports Holdings Bhds (MAHB) airports are safe and ready for LIONIND (4235) - 4235 LIONIND rm 1.00 May 11, 2017 · Lion Industries has three major business operation :-(a) Amsteel Mill in Klang manufactures long products such as bars, rods, etc; (b) Antara Steel Mill in Johor manufactures light sections such as angle bars, flat bars and U-channels; and (c) Hot Briquetted Iron plant in Labuan which converts iron ore into HBI, a substitute for iron scrap. 2.

LIONIND (4235) - (Icon) Lion Industries - Top Pick For

May 11, 2017 · Lion Industries has three major business operation :-(a) Amsteel Mill in Klang manufactures long products such as bars, rods, etc; (b) Antara Steel Mill in Johor manufactures light sections such as angle bars, flat bars and U-channels; and (c) Hot Briquetted Iron plant in Labuan which converts iron ore into HBI, a substitute for iron scrap. 2. LIONIND (4235) - (Icon) Lion Industries - Top Pick For May 11, 2017 · Lion Industries has three major business operation :-(a) Amsteel Mill in Klang manufactures long products such as bars, rods, etc; (b) Antara Steel Mill in Johor manufactures light sections such as angle bars, flat bars and U-channels; and (c) Hot Briquetted Iron plant in Labuan which converts iron ore into HBI, a substitute for iron scrap. 2.

LLBM.KL - Lion Industries Corporation Bhd Key

lion industries corp posts qtrly loss attributable 135.9 mln rgt enterprise pte.unit proposes to sell hot-briquetted iron plant and business in labuan by disposing of entire stake in antara LNG CO2 Salof Kryopak turnkey engineers contractor gas Minnesota Steel to Break Ground This Summer According to the Hibbing Daily Tribune, The Essar Group, based in India, is planning to break ground this summer for Minnesota Steel's integrated iron ore to steel plant in Nashwauk, Minn. Ravi Ruia, vice chairman of The Essar Group, which bought Minnesota Steel in October 2007, told Minnesota state officials of its plans to break ground and be up

Lion Industries (1) - Top Pick For Steel Recovery Play

The Hot Briquetted Iron ("HBI") produced by Lion Industries' Labuan plant is substitute for scrap. As such, its price will also go up. Scrap price will usually increase faster than iron ore price as there is infinite amount of iron ore in the ground but supply of scrap is more limited. Lion Industries (1) - Top Pick For Steel Recovery PlayThe Hot Briquetted Iron ("HBI") produced by Lion Industries' Labuan plant is substitute for scrap. As such, its price will also go up. Scrap price will usually increase faster than iron ore price as there is infinite amount of iron ore in the ground but supply of scrap is more limited.

Lion Industries disposes entire stake in Labuan business

PETALING JAYA:Lion Industries Corp Bhds subsidiary Amsteel Mills Sdn Bhd, is proposing to sell its entire stake in Antara Steel Mills Sdn Bhd, a hot-briquetted iron (HBI) plant and business in Labuan, to Esteel Enterprise Pte Ltd for US$128 million (RM546.56 million). According to its Bursa filing, the proposed disposal is subject to a restructuring exercise to be undertaken by Antara Lion Industries rises on proposed disposal of Labuan hot Jun 10, 2020 · Yesterday, Lion Industries said it had inked a sale and purchase agreement with Esteel for the disposal of 100% stake in Antara Steel Mill Sdn Bhd, which operates the HBI plant in Labuan. Upon completion of the proposed disposal, the group is expected to realise a gain of RM433.16 million, and will increase the group's net asset per share by 63

Lion Industries selling Antara Steel HBI - Building

KUALA LUMPUR:Lion Industries Corporation Bhd and Amsteel Mills Sdn Bhd are selling their stake in Antara Steel Mills Sdn Bhd hot-briquetted iron (HBI) plant and business in Labuan to Singapore's Esteel Enterprise Pte Ltd for US$128mil or RM546.56mil. Lion Industries selling Antara Steel HBI plant to KUALA LUMPUR:LION INDUSTRIES CORPORATION Bhd (LICB) and Amsteel Mills Sdn Bhd are selling their stake in Antara Steel Mills Sdn Bhd hot-briquetted iron (HBI) plant and business in Labuan to Singapore's Esteel Enterprise Pte Ltd for US$128mil or RM546.56mil.. LICB said on Tuesday the company and its 99% owned Amsteel had signed a conditional sale and purchase agreement to dispose of the HBI

Lion Industries selling Antara Steel to Singapore's Esteel

KUALA LUMPUR:LION INDUSTRIES CORPORATION Bhd and Amsteel Mills Sdn Bhd are selling their entire stake in Antara Steel Mills Sdn Bhd to Singapore's Esteel Enterprise Pte Ltd for US$128mil or RM546.56mil. LICB said on Tuesday the company and its 99% owned Amsteel had signed a conditional sale and purchase agreement to dispose of the hot-briquetted iron (HBI) plant and business in Lion Industries selling Antara Steel to Singapore's Esteel KUALA LUMPUR:LION INDUSTRIES CORPORATION Bhd and Amsteel Mills Sdn Bhd are selling their entire stake in Antara Steel Mills Sdn Bhd to Singapore's Esteel Enterprise Pte Ltd for US$128mil or RM546.56mil. LICB said on Tuesday the company and its 99% owned Amsteel had signed a conditional sale and purchase agreement to dispose of the hot-briquetted iron (HBI) plant and business in

Lion Industries, Amsteel Mills sell Antara stake for

Jun 10, 2020 · KUALA LUMPUR:Lion Industries Corp Bhd (LICB) and Amsteel Mills Sdn Bhd are selling their stake in Antara Steel Mills Sdn Bhds hot-briquetted iron (HBI) plant Lion Industries, Amsteel Mills sell Antara stake for Jun 10, 2020 · KUALA LUMPUR:Lion Industries Corp Bhd (LICB) and Amsteel Mills Sdn Bhd are selling their stake in Antara Steel Mills Sdn Bhds hot-briquetted iron (HBI) plant

Lion Industries, Amsteel Mills sell Antara stake for

Jun 10, 2020 · KUALA LUMPUR:Lion Industries Corp Bhd (LICB) and Amsteel Mills Sdn Bhd are selling their stake in Antara Steel Mills Sdn Bhds hot-briquetted iron (HBI) plant and business in Labuan to Singapores Esteel Enterprise Pte Ltd for US$128mil (RM546.56mil). LICB in a filing with the exchange yesterday said the company and its 99%-owned Amsteel had signed a conditional sale and Lion's Group Milestones - Lion GroupAcquired Sabah Gas Industries, now known as Antara Steel Mills, a company which manufactures Hot Briquetted Iron (HBI) in Labuan. Diversified into the manufacturing and assembling of computer parts and peripherals with the setting up of six factories under Likom Group in Melaka Technology Park.

PublicInvest Research Headlines - 10 Jun 2020

Jun 10, 2020 · PublicInvest Research. Author:PublicInvest Latest post:Fri, 11 Sep 2020, 10:05 AM An official blog in I3investor to publish research reports provided by PublicInvest Research team. All materials published here are prepared by Public Investment Bank Berhad. Steel on NewsLion Industries selling Antara Steel HBI plant to Singapores Esteel for RM546m. Source:The Star, 09.06.2020. Southern Steel, Ann Joo cancel steel manufacturing JV. Source:The Star, 27.05.2020. Low commodities demand seen in the short term. Source:The Star, 25.04.2020. Shutdown could result in lost revenue of RM3.2 bil for steel industry

The Direct Reduction of Iron - ScienceDirect

Jan 01, 2014 · Now known as the Antara HBI Plant, it has no adjacent steelmaking shop, so all of the production must be shipped. This plant started a trend, so that by the end of the decade approximately 20% of all DRI produced was shipped (as HBI). A graph of DRI production by year is provided as Figure 1.2.19 . Currently (2012), DRI production is Trend JUNE 2020 Malaysias Lion Industries Corp. and its 99% subsidiary Amsteel Mills plans to sell the hot-briquetted iron plant at Labuan via a 100% stake sale in Antara Steel Mills to Singapores Esteel Enterprise. Indonesias Krakatau Steel will supply 53,600 tonnes of HRC to Pertamina Gas, or

What does the disposal means for Lion Industries

Lion Industries Corp had disposed of its 100% equity interest in Antara Steel Mills Sdn Bhd for USD 128 million cash to Esteel Enterprise Pte Ltd. Antara Steel Mills owns a hot-briquetted iron (HBI) plant What does the disposal means for Lion Industries Lion Industries Corp had disposed of its 100% equity interest in Antara Steel Mills Sdn Bhd for USD 128 million cash to Esteel Enterprise Pte Ltd. Antara Steel Mills owns a hot-briquetted iron (HBI) plant

Lion Industries selling Antara Steel HBI plant to

KUALA LUMPUR:Lion Industries Corporation Bhd and Amsteel Mills Sdn Bhd are selling their stake in Antara Steel Mills Sdn Bhd hot-briquetted iron (HBI) plant and business in Labuan to Singapore's

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