flat finished steel production of 1.37 million metric tons, decreasing 20.37% compared to the same period of previous year. The consumption of finished steel products in Thailand in Jan. – Jun. 2019 was
, decreasing 14.49% and the flat finished steel production of 1.97 million metric tons, decreasing 25.80% compared to the same period of previous year. The consumption of finished steel products in Thailand in
. 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
third quarter of 2017, buoyed largely by tourism and exports. Nonetheless, the economic recovery was not broad-based, as evidenced by sluggish private consumption. While certain businesses were still
-29.07% Import 3,526,841 2,919,975 -17.21% Export 305,541 401,355 31.36% Consumption 5,628,593 4,226,064 -24.92% Source : Iron and Steel Institiute of Thailand, by Steel Business Intelligence Bar & Section
) was low and could not cover cost and expense. 2. Business Outlook Total domestic Hot Rolled Steel consumption for Quarter 1, 2020 stood 1.51 million MT and decreased by 3.4% compared to same quarter
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
: Performance Overview In 2018, the domestic economic have signed to expand from the tourism sector improvement, Private consumption and private investment also improved, This was the company achieved expansion