SMM App
AndroidiOS
Holiday Pricing ScheduleFREE TRIALCompliance Centre
gloablLanguage:  language-iconlanguage-iconlanguage-iconlanguage-iconlanguage-icon
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceFinished SteelCokeCoalPig IronSilicon Steel
New Energy
New Energy
SolarLithiumCobaltLithium Battery Cathode Precursor and MaterialAnode MaterialsArtificial GraphiteDiaphragmElectrolyteOther MaterialsChemical CompoundLithium-ion BatteryUsed Lithium-ion BatterySodium-ion BatteryHydrogen EnergyEnergy Storage
Price CenterDatabaseProReportsEventsCar Insight
Home / Metal News / Malaysia, Indonesia, VietNam Steel demand to rise in 2017: worldsteel

Malaysia, Indonesia, VietNam Steel demand to rise in 2017: worldsteel

iconJun 20, 2016 18:01
Source:SMM
Steel demand in Thailand, Malaysia, Indonesia, the Philippines and Viet Nam are expected to maintain a growth rate of 6% next year despite exposure to China’s steel exports.

MALAYSIA June 20 2016 2:25 PM

LONDON (Scrap Register): Steel demand in Thailand, Malaysia, Indonesia, the Philippines and Viet Nam are expected to maintain a growth rate of 6% next year despite exposure to China’s steel exports, according to World Steel Association (worldsteel).

According to worldsteel, the infrastructure construction will increase steel consumption in the five ASEAN countries to 74.6 million tons in 2017.

In emerging and developing economies excluding China, worldsteel forecasts that steel demand would grow by 1.8% and 4.8% in 2016 and 2017, respectively.

Steel demand in these economies will amount to 457.1 million tons next year, accounting for about 30% of the world’s steel demand. 

Vietnam is the biggest steel importer in ASEAN and is ranked seventh in world.


worldsteel
steel demand

For queries, please contact William Gu at williamgu@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news
    timeJan 20, 2023 12:11
    timeJan 20, 2023 11:46
    timeJan 20, 2023 11:23
    timeJan 19, 2023 19:05
    timeJan 20, 2023 10:45
    timeJan 20, 2023 09:36
    timeJan 20, 2023 09:34
    timeJan 20, 2023 08:44
    timeJan 20, 2023 08:36
    timeJan 20, 2023 09:39

SMM Events & Webinars

All
MOST POPULAR
1.China Lithium Market Dynamics and Lithium Procurement Study
2.Battery Recycling Technology Understanding
3.Solid State Battery Market
4. China Scrap Steel Quality Analysis
5.China Scrap Steel Cost Curve
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.