) 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

. Our domestic performance has been strengthen by the product strategies that are not only limited to rolling out branded products by 3rd party manufacture, ranging from Drinking Water launched since the

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

decrease in total consumption coupled with surge in imports led to 22% decrease in Domestic production compared with 2018. As per Iron Steel Institution of Thailand (ISIT) the Domestic capacity utilization

is expected to be effective in the next few months to give further support to the Domestic HRC prices. However, the consumption is expected to remain low till the new government formation. As such we

quarter of 2019. Chart of hot-rolled coil reference prices on world market for Q1/2014 – Q3/2019 Processed price data from: Metal Expert Overview of Thai Steel Industry ISIT had reported the domestic steel

>> ผู้ออกตราสาร : > ข้อมูล ณ วันที่ : 21/1/2022 14:33:19 รายงาน ณ วันที่ : 30/6/2019 9:35:02 2021 Q4 1.Corporate Bond Corporate Bond 564,515.51 1.Domestic Offering Domestic Offering 543,892.49

and Analysis (MD&A) For Q2/2017 5 Chart of world crude steel production monthly, ending 30 June 2017 Source: World Steel Association The world steel production capacity utilization ratio of the 67

. Chart of world crude steel production monthly, ending 30 September 2017 Source: World Steel Association Such the situation showed that global crude steel production continues to increase and was moving in