ASEAN’s scrap demand declined by 9% y-o-y to 18.4 million tonnes in 2015. Domestic supply increased by 9% y-o-y to 14.5 million tonnes. Import dropped significantly, by 3.1 million tonnes to 5.7 million tonnes. Export shrank moderately, by 2.8% y-o-y to 1.8 million tonnes.
Scrap demand in Indonesia increased by 11.6% y-o-y to nearly 5 million tonnes in 2015. Domestic supply jumped significantly, by more than two folds to almost 4 million tonnes. Indonesia is a net importer but the import volume dropped drastically, from 3 million tonnes to 1 million tonnes in 2015. Major sources were Singapore, Australia, Japan, and Brazil. Export was minimal, at 51,558 tonnes.
Malaysia’s scrap demand dropped by 3% y-o-y to 2.9 million tonnes. Malaysia’s is quite self-sufficient for domestic scrap supply. However, the volume declined significantly by 16% y-o-y to 2.5 million tonnes. Import dropped by half to 440,383 tonnes. Major sources were Australia, USA and Singapore. Export also declined sharply, by 11% y-o-y to 47,024 tonnes.
Philippines’ demand for scrap was not significant and the volume remained stable from year to year. This is because there was little change in semi-finished production in the country. Scrap demand declined by 14.6% y-o-y to 1.18 million tonnes. Philippines is a net exporter of scrap and is a major source of scrap supply for steel industry in many ASEAN countries. Import was minimal and the volume dropped by half to 11,486 tonnes. Export remained stable at around 400,000 tonnes. Domestic supply contracted by 10.6% y-o-y to 1.56 million tonnes in 2015.
Apart from Philippines, Singapore is also a net exporter for scrap and is one of the major sources of scrap supply for many ASEAN countries. Demand within the country remained at around 600,000 -700,000 tonnes. Scrap demand in 2015 dropped by 11% y-o-y to 566,708 tonnes, following the decline in billet production in the country. Domestic supply shrank by 4.5% y-o-y to 1.36 million tonnes. Import dropped by half to 45,548 tonnes. Export dipped by 7.3% y-o-y to 843,668 tonnes. Major destinations were India, Indonesia, Malaysia and Vietnam
Thailand is the second largest scrap consuming country in the region. Total demand of 3.9 million tonnes was a decline of 9.3% y-o-y in 2015. Domestic supply increased slightly, by 1.3% y-o-y to 3.4 million tonnes. Import dropped substantially, by 31% y-o-y or 434,000 tonnes to 949,340 tonnes in 2015. Major sources were USA, Australia, Philippines, South Korea and Japan. Export volume was quite significant, at 397,457 tonnes, a moderate increase of 3.6% y-o-y in 2015. Thailand exported scrap to various countries and major destinations were India, Indonesia, Japan, China, South Korea and Laos.
Vietnam’s scrap consumption declined by 13% y-o-y to 4.9 million tonnes in 2015. Vietnam relied more on scrap import. Domestic supply of scrap was not sufficient. The volume in 2015 reduced substantially, by 27% y-o-y to 1.7 million tonnes. Import registered 3.2 million tonnes, a slight decrease of 3% y-o-y in 2015. Major sources were Japan, USA, Australia, Singapore and South Korea.
*The analysis is extracted from 2016 SEAISI Statistical Yearbook