22
May
11:46
ASEAN steel mills mull decarbonisation, regional steel glut
The six main ASEAN countries will continue to grapple with the prospect of massive oversupply as announced projects will overwhelm steel demand growth, Kallanish learns.
The new crude steel capacities from integrated mill projects announced to come onstream by 2026 total 76.9 million tonnes/year, with electric arc furnace capacities totalling 2.2m t/y. This exceeds the region’s capacity of 71.8m t/y as of 2021.
Overall steel demand in Indonesia, Malay…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous