(annually), ending 31 December 2018 6 G J Steel Public Limited Management’s Discussion and Analysis (MD&A) for year 2018 Chart of share of world crude steel production 2017 and 2018 Such the situation showed
share of world crude steel production 2017 and 2018 Such the situation showed that global crude steel production continues to increase and was moving in line with the world economy which related to global
disclosed to the SET. Enclosure Page 5 3.3 Rationale and background of the transaction Currently, the Company encounters the situation of the lack of financial liquidity and requires cash flow for debt
memorandum on entering into such transaction is disclosed to the SET. 3.3 Rationale and background of the transaction Currently, the Company encounters the situation of the lack of financial liquidity and
per year. The investment budget for these projects is estimated to be around THB 1,200 - 1,500 million per year. However, this expansion plan can be adjusted depending on changes of future situation
recording NRV in the past few quarters, affecting the profitability of the Company. This situation affects all entrepreneurs in the palm oil industry as a whole. At present, the Company uses a strategy to set
tons per year. The investment budget for these projects is estimated to be around THB 1,200 - 1,500 million per year. However, this expansion plan can be adjusted depending on changes of future situation
weaker to previously average level. Amongst uncertain situation in many countries, Thailand’s post-election government was formed in June. That was a positive factor to promote the country’s stability in
situation that could have an effect on the Group’s SG&A expenses is being a sponsorship of the domestic broadcast for the World Cup football during the final round which incur related expenses amounting to
in HRC market price. In Q2/18, an overall market for Steel industry has dropped as cyclical situation according to a long holiday period in April and starting of the rain season which will result to a