The unit price index of Building of Cost Material Index (BCI) (without steel bars and with steel bars) for all building categories in Malaysia increased in June 2022 compared with June 2021, said the Department of Statistics Malaysia (DoSM).
Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said the average unit price of steel consisting of mild steel round bars and mycon 60 high tensile deformed bars increased 15.9 per cent, with the average price of steel bar at RM3,897.11 per tonne from RM3,362 per tonne in June last year