instead. Furthermore, the rise on an average price on steel-coil and the company was not adjusted the selling price proportionally to the rise of its raw material. Due to the market competition corporate

higher costs particularly raw material costs impacted the EBITDA result compared to the same period in 2016. Fuel prices have risen however, as prices were agreed before the latest spike, the company paid

into a Credit Facility Agreement and Business Assistance Agreement with ArcelorMittal Netherland B.V. (AM) and the company?s offering of its new shares to GSTEEL.  As the aforesaid transactions are

mainly caused by the increasing price of graphite electrode and higher repair and maintenance cost and the proportionate of an increased in raw material cost is greater than an increased in HRC market

last year which are mainly caused by the increasing price of graphite electrode and higher repair and maintenance cost and the proportionate of an increased in raw material cost is greater than an

Steel has been in the process of rehabilitation at current and waiting for the court’s order to allow G Steel accessibility to a new credit facility, then G Steel will be able to resume their own

liability Baht 30 million according to compromise agreement. Nevertheless, debt increase from the Company as it entered into non-revolving USD short term loan facility 14.1 million with Link Capital I

from the year 2016 amounted 1.08 million Baht or 1.86%. They came from waste of raw materials increased 5.59 million Baht, rental income increased 1.46 million Baht and others increased 0.34 million Baht

wholly owned subsidiary(ies) (whether directly or indirectly) (the “Seller’s Subsidiaries”) (collectively referred as the “Seller”), located in: (i) Port Neches, TX, USA. (“Port Neches Facility”); (ii

127.49 million (Weighted-average Interbank Exchange Rate at THB 31.873 per USD as of 28 March 2019) as a facility for Standby Letter of Credit (“SBLC”) in order to be used as security for a Letter of