spare part and equipment. Net loss, cause from the epidemic of COVID-19. Steel demand decrease and lead to price reduction. The difference between selling price and raw material cost per ton (Metal spread
year mainly due production disruptions during 1st Quarter 2019 combined with the negative HRC cash margin for second half of 2019 resulting from large decrease in HRC selling price compared to last year
million metric tons, increasing 9.54% consisting of thin gauge at 3.02 million metric tons, increasing 11.24% and Thick gauge at 0.180 million metric tons, decreasing 12.79% compared to the previous year
metric tons. Overview of Hot Rolled Steel in Thailand The Hot Rolled Steel production in 2018 was at 3.20 million metric tons, increasing 9.54% consisting of thin gauge at 3.02 million metric tons
volumes were lower than last year quarter mainly due to the termination of tolling agreement with G Steel Public Company Limited in February 2019 resulting to significant decrease in sale volume and
% compared to March 2018. Spain produced 1.4 million tons in March 2019, an increase of 5.9% on 2018. Turkey’s crude steel production for March 2019 was 3.0 million tons, a decrease of 11.7% compared to March
Page 3/13 • Financial costs The financial costs for the 1st Quarter 2020 and 2019 amounted to THB 62 million and THB 127 million, respectively. The decrease of financial costs of THB 66 million mainly
to: • Decrease in financial cost of THB 17 Million consequent to debt reduction programme. • Net gain from exchange rate of THB 71 Million resulting from the strengthen in Thai Baht, whilst last year
Q1-2017 (THB 18,695/ton) due to the decrease in HRC market price worldwide and a stagnant of Thai economy in the first half of 2017 causes a lower demand of steel consumption. Management’s Discussion
respectively. Overview of Hot Rolled Steel in Thailand The Hot Rolled Steel production in 2017 was at 2.92 million metric tons, increasing 9.28% consisting of thin gauge at 2.72 million metric tons, increasing