decline in consumption of Construction Sectors, as well as Steel Sectors. However, the Company still maintains the operation at 15 hours per day in order to keep production capacity at high level and, at
rolled coiled is increased and GJ Steel itself cannot keep up with the market demand, therefore, the Company start doing tolling service for GJ Steel which begin since mid of November 2017 and expect to go
since the market demand of hot rolled coiled is increased and GJ Steel itself cannot keep up with the market demand, therefore, the Company start doing tolling service for GJ Steel which begin since mid
of safeguard against Alloy Steel since February, 2019. The Company had to reduce its selling prices in line with Imports to retain its production and sales volumes. Consequently, the average selling
beginning of 2017 to USD 18,000 per ton this year) and the proportionate of an increased in scrap cost is greater than an increased in HRC market price. In Q3/2018, the company will maintain an overall output
2017 to satisfy customers’ demand and maintain sales volume of the Company. The Company has gradually increased operation hours continuously since the last quarter of 2017 from 15 hours per day to 17
inventory from the production in December 2017 to satisfy customers’ demand and maintain sales volume of the Company. The Company has gradually increased operation hours continuously since the last quarter of
maintain the price level at USD 500/ MT until second quarter of 2019 and fell again in third and fourth quarter of 2019 accordingly. The reference prices for hot-rolled coil on the world market are that
funding for its own production. This is to maintain market share and to meet demand for HRC local customers. However, the domestic steel industry has been affected by a trade war between China and the
process and try to obtain new funding for its own production. This is to maintain market share and to meet demand for HRC local customers. However, the domestic steel industry has been affected by a trade