In Southeast Asia, demand for structural steel continues to grow steadily. Countries such as Vietnam, Indonesia, and the Philippines are investing heavily in public infrastructure, industrial zones, and residential projects. Local steel consumption in the region is expected to rise by 4–5% year-on-year, supported by government initiatives and foreign investments in construction and renewable energy sectors.
However, price fluctuations are still influenced by global factors, including iron ore supply from Australia, energy costs in China, and freight rate changes. With China maintaining moderate steel export volumes and India expanding its regional market presence, Southeast Asian buyers are gaining more sourcing options and competitive pricing.
Analysts predict that steel prices will remain stable through the end of 2025, with mild upward pressure due to seasonal demand and cost adjustments. For importers and contractors in Southeast Asia, strategic procurement and flexible supply chains will be key to maintaining cost efficiency.
Overall, the regional outlook for the steel market remains positive, driven by sustainable urbanization and continued investment in infrastructure.
