20
Jan
10:30
Seaisi bemoans imports reducing local production
A surge in steel imports in 2015, especially from China, has forced Southeast Asian steelmakers to reduce output, says the South East Asian Iron and Steel Institute (Seaisi) in its first message of 2016. Although crude and hot rolled steel output in the region has fallen, some re-rollers have been expanding rapidly, Kallanish notes.
Reviewing developments in 2015, Seaisi secretary general Tan Ah Yong notes that China’s decision to remove tax rebates on bor…
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Anonymous
Very good overview of the weekly steel market.
Anonymous