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Megasteel Sdn Bhd, a member of The Lion Group, is the first integrated steel mill in Malaysia to produce flat steel products with a capacity of 3.2 million tonnes of hot rolled coils and 1.45 million tonnes of cold rolled coils per annum. It has a total investment of RM3.2 billion and is located on a 500-acre site in Banting, Selangor. The mill is approximately 1.3 km long with a built-up area of 1.3 million square feet. It also produces hot rolled coils, pickled and oiled.
Megasteel is in close proximity to the Klang valley where 70% of the nation's consumers of hot rolled coils are located. Its strategic location near Port Klang helps to facilitate exports and lower transportation costs for the import of raw materials and export of finished coils. With a capacity of 2 million metric tons per annum, Megasteel's production helps to substitute imports and yield substantial foreign exchange savings.
The Megasteel mill is fully automated using state-of-the-art direct current Electric Arc Furnace-Compact Strip Production (EAF-CSP) process which incorporates the 'Thin Slab Casting' technology developed by SMS of Germany.
CSP - Thin Slab Casting technology is recognised worldwide as the latest technology to produce flat steel. It is able to produce high quality steel with significantly higher production yield and energy savings. More importantly, Megasteel is more environment-friendly as it recycles steel scrap and uses the clean raw material, Hot Briquetted Iron (HBI) in its EAF process. Megasteel is the only steel mill in the country to use this advanced CSP technology.
Megasteel also produces hot rolled coils, picked and oiled. It has commenced production of its cold rolled mill with a capacity of 0.7million metric tons expandable to 1.45 million metric tons of cold rolled coils per annum.
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