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14 May
13:09

ASEAN endures rising blast furnace steel glut: SEAISI

The serious threat of steel overcapacity has arrived in ASEAN as a result of rapid investments in massive steel projects in the region. Carbon emissions from the region’s steel industry will rise significantly because investments in large-scale blast furnace capacity will continue, Yeoh Wee Jin, secretary-general of the South East Asia Iron & Steel Institute (SEAISI), said at Tuesday’s SEAISI conference in Da Nang. A slew of investments in integrat…
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