27
Feb
15:55
Indonesian capacity threatens global stainless market: BIR
Stainless steel capacity investments in Indonesia based on cheap raw materials units that appear to give significant cost advantages are threatening the global stainless industry. This is according to Bureau of International Recycling (BIR) stainless steel & special alloys committee chairman Joost Van Kleef.
Annual capacity of the Indonesian investments will be 2.5 million-3 million tonnes/year in the first stage, expanding to 8m t/y in the coming years. Thi…
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Anonymous
Very good overview of the weekly steel market.
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