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CSI: Asian steel markets drive growth (April 11, 2023)

At the end of March Kallanish held its Asia Steel Markets conference in Ho Chi Minh City. It was the biggest and best to-date, and yielded a wealth of interesting views and data. This issue of the CSI goes through some of the highlights from the presentations, including regional steel forecasts. While it is not possible to cover all the insights gained, some key themes can be extracted.

Asia is still the key area of demand growth, even as China slows, and is therefore also the hub for new investment. As environmental concerns grow however, sustainability is an increasingly important theme which permeated every session at the event. China has become a model for both how to and how not to grow the industry in the next phase, with tightening environmental policy but a legacy of BF-heavy investment.