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Tsingshan ripples radiate across SE Asia
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Shipments of stainless steel from Tsingshan Indonesia are having a measurable impact on competitors in China, Taiwan, South Korea and India. This is triggering protectionism: China has already introduced anti-dumping duties while other countries are considering their own measures. If these become more widespread, Tsingshan's advance may slow down, potentially preventing it from increasing output to its installed capacity of 3 Mtpa.
Table of contents
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Tsingshan upsets the apple cart
- China closes the door
- Taiwan embraces
- South Korea resists
- India partners
- Europe worries
- What will Tsingshan do now?
- Conclusion
Tables and charts
This report includes the following images and tables:
- Chinese stainless steel stocks at record high
- Chinese stainless HRC exports to SE Asia down sharply
- Taiwan cuts melting and takes imports
- China and South Korea losing out in Taiwan
- Indonesia penetrates South Korean stainless HRC...
- ..and CRC markets
- India imports Indonesian stainless for new CR mill
- European imports falling due to safeguards
- But melt production is is also decreasing
What's included
This report contains:
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