Analysis Q1/2020 G J Steel Public Company Limited Page 2/13 2. Business Outlook Total Hot Rolled Steel consumption for the 1st Quarter of 2020 stood 1.56 million MT and decreased by 3.4% compared to same

, accounting and finance system, IT system, water and cleaning services (fees are varied by actual consumption). Pricing Criteria: Fee is calculated from cost of system and personnel plus margin, which is

three application forms into one, and reducing the required supporting documentation from 19 to 7 documents.  The proposed actions above are expected to help cut down paper consumption by 15,000 sheets

million metric tons, decreasing 25.80% compared to the same period of previous year. The consumption of finished steel products in Thailand in January to September 2019 was at 14.01 million metric tons

economy and we expect improvement in the overall HRC consumption and pricing going forward. Due to continuing engagement by the Steel Associations with the Government Authorities the Anti-Dumping Board

as per BOT estimation. Timely Government interventions to boost the economy are helping in gradual recovery of the economy and we expect improvement in the overall HR consumption and pricing going

of Sales of Goods and Rendering of Services: IPP Key cost drivers Q2/19 Q1/20 Q2/20 Change +/(-) 6M/19 6M/20 Change +/(-) YoY QoQ YoY Natural Gas Natural gas consumption GPSC's natural gas consumption

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

. Although the economy performed well in a big picture, the economy at grassroots level has yet to sufficiently expand. This was seen in growth of private consumption, growth of durable goods consumption

years, media consumption behavior has changed from print to online media and the Company has continually adapted its business operations to meet consumers’ needs and compete with competitors and