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2019, the price of pig iron remained stable at the same level while the price of scrap started to fall continuously. Thus it will become more challenging for the global steel industry participants in all
countries in June 2017 was 73%, increased by 1.4% compared to the same period of previous year, and increased from May 2017 by 1.3%. This shows that the world steel industry remained stable and likely to grow
hours per day in this quarter in order to test our production line and prepare to produce up to 100,000 tons per month in 2Q/18. The average sale price in this quarter is stable and will moving in the
stable and will moving in the same trend as in Q4/17. We strongly believe that we can increase production capacity and also maintain the metal spread to strengthen the Company business. 2. Business Outlook
to full production levels. The HRC prices have seen improvement over last the Quarter and are stable until now. The recently approved Anti-Circumvention law is still be approved by the Parliament and
second quarter to third quarter of 2019, the price of pig iron remained stable at the same level while the price of scrap started to fall continuously. Thus it will become more challenging for the global
year, and increased from May 2017 by 1.3%. This shows that the world steel industry remained stable and likely to grow up in Third-Quarter of 2017. Chart of world steel production capacity utilization
of 2019. For second quarter to third quarter of 2019, the price of pig iron remained stable at the same level while the price of scrap started to fall continuously. Thus it will become more challenging