Unit Price Index Of Steel Down In June 2025 -- DOSM

KUALA LUMPUR, July 10 (Bernama) -- The unit price index of steel recorded a decrease of between 1.0 per cent and 3.1 per cent in June 2025 compared to the previous month, according to the Department of Statistics Malaysia (DOSM). 

Chief statistician Datuk Seri Mohd Uzir Mahidin said the highest decrease was recorded in Pahang (-3.1 per cent), followed by Sibu (-2.5 per cent), Pulau Pinang, Kedah and Perlis (-2.1 per cent).

“The unit price index of steel and metal sections showed a decline in June 2025, with month-on-month change ranging from a decrease of 0.2 per cent to 0.7 per cent.

“This decrease reflects a moderate softening in the prices of metal and steel materials in the market,” he said in a statement today.

However, DOSM reported that a slight increase was recorded in several areas, including Selangor, Kuala Lumpur, Melaka and Negeri Sembilan (0.4 per cent), while Miri (0.3 per cent).

Meanwhile, it reported that the price index of cement recorded a marginal increase between 0.1 per cent and 0.2 per cent in June 2025, compared to the previous month.

An annual comparison for June 2024 and June 2025 indicated that the unit price index of cement increased between 0.3 per cent and 3.7 per cent across most areas in Peninsular Malaysia, Sabah and Sarawak.

“The highest increase was observed in Johor (3.7 per cent), followed by Tawau (3.6 per cent) and Pulau Pinang, Kedah and Perlis (2.5 per cent),” it said.

The year-on-year comparison of the unit price index for steel recorded a decline ranging from 5.1 per cent to 15.5 per cent in June 2025 as compared to the same month last year, involving most areas in Peninsular Malaysia, Sabah and Sarawak.

Commenting on the average price per unit of steel, which includes mild steel round bars and Mycon 60 high-tensile deformed bars, Mohd Uzir said it recorded a slight increase of 0.1 per cent, with an average price of RM3,480.19 per metric tonne on June 2025, compared to RM3,476.75 19 per metric tonne on a previous month.

DOSM also reported that the Building Material Cost Index (BCI) with steel bars for all building categories in Peninsular Malaysia recorded a decline of between 0.1 per cent and 1.0 per cent in June 2025 compared to the previous month, covering Pulau Pinang, Kedah, Perlis, Pahang, Terengganu, and Kelantan.

-- BERNAMA