11
Dec
09:48
Vietnam boosts SE Asian demand but imports bite
Southeast Asia saw sharp contrast in the first half of 2015 between areas of dramatic steel demand growth, and areas of stagnation or contraction, according to the Southeast Asia Iron & Steel Institute (Seaisi). A surge in imports, especially from China, meant local steelmakers were not seeing the benefit however, Kallanish notes.
Apparent steel demand across the region was up 8.9% year-on-year to 35.12 million tonnes, led by a massive 32% increase in Vietna…
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Anonymous
Very good overview of the weekly steel market.
Anonymous