10
Nov
10:31
Indonesian automotive steel demand set to double
Indonesia’s automotive output is expected to grow steadily through 2025, boosting steel demand. This will particularly provide an opportunity for Japanese and Korean steelmakers, Kallanish notes.
Automotive output growth should grow by 5.5% each year from 1.1 million units in 2015 to 2.4m units in 2025, according to the Posco Research Institute. Indonesia’s automotive steel demand surged from 2.1 million tonnes in 2014 to 3.1mt in 2015. Steel de…
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Anonymous
Very good overview of the weekly steel market.
Anonymous