decrease in total consumption coupled with surge in imports led to 22% decrease in Domestic production compared with 2018. As per Iron Steel Institution of Thailand (ISIT) the Domestic capacity utilization
consumption should remain resilient owing to rising income levels and employment gains, and fixed investment is likely to pick up amid high capacity utilization and government infrastructure spending. Risks
continued to grow well by c.20%. Net profit in Q2/2017 was Baht 61 million, a decrease of 57% YoY due to 1) higher cost per unit resulted from lower capacity utilization; 2) higher depreciation resulted
global steel consumption increased. The overall steel market prices have risen over the second half of 2017 especially in China. Therefore, the steel product is expected to recover together with the
continues to increase and was moving in line with the world economy which related to global steel consumption increased. The overall steel market prices have risen over the second half of 2017 especially in
China and East Asia. Steel consumption in China had risen for 11.3% in the first 8 months of 2017 resulted in a drop in China’s steel export. Rising trend in prices of flat steel in East Asia in Q3/2017
. Thailand registered a GDP growth of only 2.4% during 2019 against 4.1% in 2018 with the fourth quarter 2019 growth at merely 1.6%. Further, Total Hot Rolled Steel consumption for 2019 at 6.66 million MT
to the new labor protection law. More causes for loss were sales decrease; higher cost per unit as a result of lower utilization rate; higher depreciation; following the Excise Act, B.E. 2560; higher
due to 1) sales decrease; 2) higher cost per unit as a result of lower utilization rate; 3) higher depreciation; 4) higher excise tax and sugar tax following the Excise Act, B.E. 2560; 5) sales