. Table : The production and the domestic demand of Finished Steel in Q2 2016 and 2017 Total Apparent Finished Steel (Unit : Tons) Quarter 2/2016 Quarter 2/2017 % Change Production 2,407,293 1,707,444

) Quarter 1/2019 Quarter 1/2020 % Change Production 1,998,519 2,017,445 0.95% Import 2,856,359 2,680,405 -6.16% Export 401,798 301,219 -25.03% Consumption 4,453,080 4,396,631 -1.27% The imported of finished

Analysis (MD&A) For Q3/2018 3 Executive Summary The total apparent finished steel consumption of steel industry in Thailand in the third quarter of 2018 surged to 4.66 million tons, an increase of 11.1

of both Samaedum and Map Ta Put factories, especially Map Ta Put factory had to delay the service in August and September. The maintenances have finished and both factories are now ready to receive the

Jan - Sep 2018 and 2019 Total Apparent Finished Steel (Unit : Tons) 2018 2019 % Change Production 9,031,718 7,634,912 -15.47% Import 12,056,501 12,219,872 1.36% Export 1,754,326 1,384,722 -21.07

, increasing 10.81% compared to the same period of previous year consisting of the long finished steel production of 0.883 million metric tons, increasing 4.65% and the flat finished steel production of 0.814

ISIT had reported the domestic steel-production for 2017 was at 6.87 million metric tons, decreasing 13.72% compared to the previous year consisting of the long finished steel production of 3.94 million

: The production and the domestic demand of Finished Steel in 2016 and 2017 Total Apparent Finished Steel (Unit : Tons) 2016 2017 % Change Production 7,957,351 6,865,628 -13.72% Import 12,614,629

increasing compared to the previous year. Table: The production and the domestic demand of Finished Steel for 2017 and 2018 Total Apparent Finished Steel (Unit : Tons) 2017 2018 % Change Production 6,875,446

2018 Total Apparent Finished Steel (Unit : Tons) 2017 2018 % Change Production 6,875,446 7,106,526 3.36% Import 11,325,592 12,051,411 6.41% Export 1,553,242 1,713,317 10.31% Consumption 16,647,796