Generally, steel mills capacities have steadily increased through the years. At the end of the year 2000, Table 2 below shows a summarized tabulation of flat steel capacities of global steel mills and a detailed one for ASEAN member-nations.
Table 2: Flat Steel Capacities, Mtpy in 2000
Source: CRU Analysis: Steel Sheet Quarterly, April 2005
Koda, et. al. (1995) observed in 1995 that self-support ratio between capacity expansion and steel demand increase over time, but a situation of lack of supply capacity in ASEAN will continue until the year 2005.
By 2000, ASEAN steel mills only accounted for 6.2% of Asia’s 170.56-million tons per year (Mtpy) Hot Rolled mill capacity, and only 2.5% of the world’s 431.09Mtpy. For Cold Rolled mill capacity, moreover, ASEAN steel mills accounted for 8.6% of Asia’s 87.54Mtpy and 3.2% of the world’s 233.68Mtpy. For Galvanized mill capacity, however, ASEAN steel mills accounted for 11.8% of Asia’s 38.02Mtpy and 4.0% of world’s 111.25Mtpy, refer to Appendix Q: List of Asian Steel Companies. These capacities would change in 2006 (IISI, 2007).
Notes:
Composite Resources Unit (CRU) (2005), International Steel Sheet Quarterly Industry and Market Outlook. London: CRU, April 2005. back to text
Koda, S., Kaihara, T. and Dobashi M. (1995), “Steel Demand Projection in Asia,” Tokyo: Kawasaki Steel, 03 August 1995. pp. 1-5. back to text
International Iron and Steel Institute (IISI) (2007), World Steel in Figures 2007, Brussels, Belgium: IISI, Committee on Economic Studies, 04 September 2007. back to text
