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Steel Unit Price Index Sees Decline of Up to 3.2 Percent in November 2025

Kuala lumpur: The unit price index of steel recorded a decrease in November 2025, ranging from 0.1 to 3.2 percent compared to the previous month. The highest decrease was observed in Miri (3.2 percent), followed by Kota Kinabalu (3.1 percent) and Pahang (0.8 percent).

According to BERNAMA News Agency, the Department of Statistics Malaysia (DOSM) reported that the unit price index of steel and metal sections showed a slight decrease in November, with month-on-month changes ranging from negative 0.1 percent to negative 3.0 percent in all areas in Peninsular Malaysia, Sabah, and Sarawak. Chief statistician Datuk Seri Mohd Uzir Mahidin confirmed these findings in a statement.

The unit price index of cement remained unchanged in all areas except for a slight increase in the index for Pahang (2.6 percent), Perak (1.9 percent), and Kuching (-0.9 percent). Additionally, the unit price index of sand also remained unchanged in all areas except for an increase in the index for Pulau Pinang, Kedah, and Perlis (1.4 percent).

An annual comparison for the period of November 2024 and November 2025 indicated that the unit price index for steel recorded a decline ranging from 2.7 to 7.9 percent, involving most areas in Peninsular Malaysia, Sabah, and Sarawak. The highest decrease in the unit price index for steel was observed in Kota Kinabalu (7.9 percent) and followed by Pulau Pinang, Kedah, Perlis, and Sibu (-7.5 percent), respectively.

Nevertheless, the year-on-year comparison of the unit price index of cement increased between 0.5 percent to 4.5 percent in November 2025 as compared to the same month last year across all areas in Peninsular Malaysia, Sabah, and Sarawak. The highest increase was observed in Pahang (4.5 percent) followed by Tawau (3.9 percent), and Sandakan (3.5 percent).

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