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20 May
12:52

SEAISI: Russia-Ukraine conflict has limited ASEAN steel impact

The Russia-Ukraine war that erupted earlier this year has caused economic turmoil across the globe, but the steel industry chain in the ASEAN countries was less affected by the war, according to a report from the South East Asia Iron and Steel Institute (SEAISI). According to SEAISI data, total trade (export and imports) between ASEAN and Russia and Ukraine were worth $22.1 billion, only 0.7% of total ASEAN global trade of $3.2 trillion. Howeve…
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