27
May
09:33
SEAISI warns of worsening overcapacity in ASEAN
The South East Asia Iron & Steel Institute (SEAISI) says it is tackling the perennial overcapacity issue in the ASEAN steel industry.
SEAISI has witnessed a rapid surge in ASEAN steel production and demand over the past decade, but it expects the growth rate of steel capacity will be much faster than the growth rate of steel demand in the regional market in the next five years or so. This also means the ASEAN-6 countries will have to face more severe overcapac…
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Anonymous
Very good overview of the weekly steel market.
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