ASEAN Steel Industry Urges Action Against Rising Chinese Overcapacity

Post Views: 218 Chinese steel overcapacity Southeast Asian Steelmakers Call for Urgent Policy Response The South East Asia Iron and Steel Institute (SEAISI) has raised concerns about surging Chinese steel overcapacity. The group warns it poses growing risks to Malaysia and other ASEAN countries. In early May, SEAISI expressed concern over Malaysia’s lack of action. This comes despite submitting formal reviews and recommendations to the Ministry of Investment, Trade and Industry (MITI). The Malaysian Iron & Steel Industry Federation (MISIF) has also demanded immediate government interventio...