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17 Jun
14:25

Asian capacity expansion to drive exports, US recovering

China is set to increase its production capacity in the next 2-3 years, and investments in expansion should support growing exports. Domestic demand is also expected to rise after post-Covid-19 consumption has begun to normalise, according to Kallanish Asia editor Tomas Gutierrez. Increased production capacity is also expected in Vietnam and Malaysia. Southeast Asian steel consumption is estimated to grow this year and certain countries are expected to see a rebou…
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