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28 May
17:21

Indonesia seen becoming major stainless supplier to West

Indonesia could become a major stainless steel supplier to the US and Europe following the ramp up of the stainless steel plant there owned by China’s Tsingshan Iron & Steel. This is according to Olivier Masson, senior analyst at consultancy Roskill. Chinese stainless cold rolled coil exports have declined since 2014 due to trade barriers in the US and EU. In 2014 Chinese stainless CRC exports to these two regions combined reached 453,000 tonnes, while…
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