% – 74.3% throughout the year 2017, over the cycle, anyhow overall went on at higher level than previous year, somewhat improved indicates the recovery trend, but not too much while big portion of idle

trend, but not too much while big portion of idle capacity still existed. Hence, the oversupply risk will pertain with high probability towards 2018 and afterwards, if China and major steel producing

rehabilitation on 15 November 2017. The main reasons of the Company filing the rehabilitation are; - This is for the Company to negotiate as well as finding solution with creditors and able to proceed necessary

the petition for the rehabilitation on 15 November 2017. The main reasons of the Company filing the rehabilitation are; - This is for the Company to negotiate as well as finding solution with creditors

depreciation which does not been included for tolling service. However, the Company still had gross loss because cost per ton still high which resulted from depreciation, idle cost which was fixed cost of the

investment in subsidiary 8 - - Other income 52,184 17,817 66% Total income 4,993,813 9,039,512 -81% Expenses Cost of sale - Cost of goods sold 3, 4 4,636,652 8,758,030 -89% - Idle cost 247,215 - 100% - Loss on

G J Steel Public Limited Management’s Discussion and Analysis (MD&A) for year 2018 The main raw materials (Pig iron, shredded scrap) the price movement of the main raw materials, i.e. scraps and pig