CONF: Japan’s JFE committed to localizing in ASEAN
Jun 17, 2019 18:45
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JFE Steel will remain committed to its presence in the ASEAN countries, acting either as an “insider” or an “investor” in the region’s steel industry, depending on the opportunities, Yoshiyuki Nobusa, senior vice president of JFE Steel, shared at the 2019 SEAISI Conference and & Exhibition on June 17, in Bangkok, Thailand.
“ASEAN will lead the world steel demand, and by 2025 the region’s steel demand is expected to increase to 110 million tonnes, with support from the increase in steel use per capita, and support from the increase in population and GDP per capita,” he told delegates. He said his company’s