Steel News

We strive to let you one step ahead of the market.

SEAISI: ASEAN’s flat steel market outperforms longs in 2019

6 Jul 2020 10:06 reported by Yana Yao

A A A
According to Yeoh Wee Jin, secretary general of the South East Asia Iron and Steel Institute (SEAISI), in 2019, the flat steel consumption of ASEAN countries has steadily increased and all major indicators of production, import and export have significantly grown.

However, the demand for long steel products has decreased, prompting local steel mills to expand exports.

Total steel consumption of ASEAN increased by 1.2% to 81 million tons in 2019. China has remained a major supplier of imports for flat products. In terms of long products, the main reason for the low demand was the slowdown in construction in major Southeast Asian countries.

Back to Steel News

Related News

NLMK's Lipetsk plant launches new continuous casting machine

  • Industry activities
  • 5 Aug 2020 15:38

ArcelorMittal lays off 877 employees in East Chicago steel plant

  • Industry activities
  • 5 Aug 2020 15:21

ArcelorMittal restarting idled No.4 blast furnace at Indiana Harbor mill

  • Industry activities
  • 4 Aug 2020 15:34

Cleveland-Cliffs expects to restart Northshore Mining this week

  • Industry activities
  • 4 Aug 2020 15:20

ArcelorMittal’s output of crude steel decreases in Q2

  • Industry activities
  • 3 Aug 2020 16:28

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 2,370.00
  • 2,381.50
  • Aluminum
  • 1,739.00
  • 1,778.50
  • Copper
  • 6,525.50
  • 6,523.00
  • Nickel
  • 14,250.00
  • 14,287.00

Learn more

Coil Exchange Center

  • 2B Coil-Sep
  • 2,350
  • 2,210
  • NO1 Coil-Sep
  • 2,320
  • 2,180
  • 2B Coil-Sep
  • 2,350
  • 2,210
  • NO1 Coil-Sep
  • 2,320
  • 2,180

Learn more