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05 Nov
10:29

Asean steelmakers struggle despite growing demand: Seasi

Many steel mills in the Association of Southeast Asian Nations (Asean) are struggling to keep their businesses afloat in the current market downturn. So says Tan An Yong, secretary-general of the South East Asia Iron and Steel Institute (Seaisi). Despite growth in local steel demand, the region is the first in line to be hit by the flood of Chinese steel exports, Kallanish notes. The World Steel Association expects apparent steel demand in the Asean 5 (Indonesia…
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