-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
private consumption and private investment. Private consumption grew notably in durable goods segment (especially in vehicles) while growth in non-durable and semi-durable goods contracted partly from the
expand largely from domestic demands contributed both from private consumption and private investment. Private consumption grew notably in durable goods segment (especially in vehicles) while growth in non
continued to grow with driving force of the export of goods grew better and the tourism sector continues to expand. Including the private consumption and private investment has expanded. Also, the
prices for most agricultural products remain low, resulting in a fragile recovery in consumption. This has also been effected by the reduction of spending stimulus measures by the government compared to
domestic tourists and earnings of Thai labor have declined while unemployment rate has been increasing. In addition, whilst private consumption shows some growth but limits in some areas; therefore
2017 and remain strong going into 2018. In Thailand specifically, projected growth has been revised up from 3.2 to 3.7% in 2017 and from 3.3 to 3.5% in 2018 on the back of strong private consumption and
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