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20 Apr
12:08

Southeast Asian demand hits 70mt in 2015

Southeast Asia continued to see steel demand grow strongly in 2015, according to the South East Asian Iron and Steel Institute (Seaisi). Surging Vietnamese and Philippine demand was enough to counteract declines in Thailand and Indonesia, Kallanish notes. Seaisi’s preliminary data show apparent steel consumption up around 7% in 2015 to top 70 million tonnes for the first time. Vietnam was the key driver, seeing apparent consumption surge 26% y-o-…
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