OREANDA-NEWS. December 13, 2011. Shougang Group started construction work on a steel mill in the north of Malaysia.

The mill is expected to be able to make 700,000 tons of steel products a year once the first phase costing 750 million ringgit (about USD 240 million) is completed by mid-2013, expandable to 1.50 million tons after the completion of the second phase, costing another 1.05 billion ringgit (USD 330 million).