Insight
Tsingshan ripples radiate across SE Asia
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
-
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 9 images and tables including:
- 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:
Other reports you may be interested in
Insight
Fuels retailing in Southeast Asia: a booming sector largely shaped by geopolitics and local regulations
Southeast Asia is one of the the strongest demand growth regions for petroleum products. Is this enough to attract foreign investment?
$900
Insight
Global steam cracker closure threat - which assets are most at risk of closure?
Which ethylene assets are most at risk of closure?
$4,950
Commodity Market Report
Global cobalt short-term outlook April 2024
Cobalt prices continued to trend downwards amid weak demand and feedstock oversupply in April 2024
$5,000