26
May
04:54
Indonesia steel demand slumps says Spindo
Steel Pipe Industry of Indonesia (Spindo) says that it estimates that Indonesian steel demand has fallen by -90% due to the Covid-19 pandemic and the impact of Ramadan. This is mainly because the Indonesian government has implemented large-scale social restrictions since March, resulting in a sudden halt in demand from the automotive and construction industries, Kallanish notes.
Spindo said that customer demand for the company's steel pipe …
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Anonymous
Very good overview of the weekly steel market.
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