14
Oct
12:49
Myanmar expects steel demand to double by 2025
Myanmar is expecting its steel demand to grow strongly as its economy opens up. Currently low capacity utilisation rates will require government support, defence against imports and better management to overcome, according to the Posco Research Institute (Posri).
Myanmar consumed 2.11 million tonnes of finished steel in 2015 and this is expected to grow to around 3.22mt in 2020 and 4.77mt in 2025, Posri says. The increase will come as per capital steel consumpti…
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Anonymous
Very good overview of the weekly steel market.
Anonymous