Analyst Pin-board Steel industry update – Positive signs from export activities
- Steel consumption at a higher pace than the construction industry in 1H mainly due to export activities.
- In the coated steel segment, exports could remain strong in 2H2021 as several producers, such as HSG, NKG, received sufficient orders for production until November.
- Domestic demand was hit by the pandemic as consumption decreased in June in the construction and steel pipe segments. Due to measures to control COIVD-19, construction steel demand can be weak in July and August.
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