The Southeast Asian Iron and Steel Institute (SEAISI) commented that the Ukrainian-Russian war could cause trade difficulties for the ASEAN region.
Six ASEAN countries are net importers of semi-finished and finished steel products. Russia is one of the main sources of some semi-finished and finished steel products, especially flat products, while imports from Ukraine to ASEAN have already been reduced to a small amount.
The Ukrainian-Russian war was expected to have little effect on the ASEAN steel trade in the short term, as the two countries are not a major source of imports of semi-finished and finished steel products.
ASEAN countries expect Ukrainian-Russian war to have short-term impact on steel trade
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Azovpromstal® 24 May 2022 г. 10:19 |
