Preliminary report on performance of ASEAN steel industry in 2013

摘要

From preliminary data gathered by SEAISI, apparent steel consumption in ASEAN in 2013 is likely to show a healthy growth rate, in the region of 8-10%. Production increased by 6-7% while import jumped 8-10 %. Export, on the other hand, remained relatively unchanged, compared to the previous year. Among the group, Philippines is expected to register the highest growth rate in steel consumption in 2013, possibly exceeding 16% y-o-y. The surge was mainly a result of the significant growth in long steel demand in the country. Demand for flat product, on the other hand, declined significantly. Both domestic steel production and import are expected to enjoy double digits growth while export was negligible.