According to the latest data
released by The Steel Index (TSI) that the import prices of hot rolled coil for
the ASEAN countries has climbed by 0.3% to US$376/ton, due to the bounce back
of Chinese domestic steel prices last week.
It is reported that worldsteel sees optimism for the markets in India and
increasing steel use in some MENA and ASEAN countries, but the developments
will not be quick enough to offset the deceleration of China.
Worldsteel forecasts gradually improving growth beyond 2016.
Yieh.com