SE Asia's latest hotbed of EV production to boost steel demand

The rapid expansion of the electric vehicle (EV) ecosystem in Southeast Asia is set to boost steel demand in the region, though market participants are split on whether this increase will be exponential.

Some believe that the rapid growth of EV production in the region will increase demand for flat steel used by automakers in production - including construction steel such as rebar...


Nabilah Awang

August 01, 2023

07:55 GMT