Southeast Asia

The institution will also advise PT Gunung Raja Paksi Tbk on gaining access to green steel markets

The reasons are weak seasonal demand and problems with exports

The country's government is considering introducing a price on carbon emissions exclusively for steel industry

Last year, this indicator fell by 1.9% year-on-year in the six main countries of the region

The region is already overcapacity and the situation will only get worse

Limited support for the market will be provided by increased demand in India after the monsoon season

This is expected to increase the supply of slabs in neighboring markets

The region's steel industry needs support in its green transition efforts

The growth of the segment, in particular, will be facilitated by the expansion of capacities

When preparing the strategy, appropriate sources of funding should be considered

Expansion investments are more focused on blast furnace production