Steel Association’s report on world crude steel production was 478.7 MT in the fourth-quarter of 2019 and accumulated world crude steel production in 2019 was 1,869.9 MT, up by 3.4% compared to 2018. The

Steel Industry According to the World Steel Association’s report on world crude steel production was 444.1 million tons in the first three months of 2019, significant increase by 4.5% compared to the same

crude steel production was 465.5 million tons in the third-quarter of 2018 and accumulated world crude steel production in the first nine months of 2018 was 1,347 million tons, up by 4.7% compared to the

. The price of crude palm oil in between the 2nd quarter and the 3rd quarter of 2018 were continuously decreased in the range of THB 23.00 – THB 19.00 difference THB 4.00 /KG which is larger in variance

biodiesel has increased significantly in accordance to the price of crude palm oil as the main raw material. Due to heavy rains and flooding in many areas in early Q4 2020, together with the government

จี สตีล จํากัด (มหาชน) G Steel Public Company Limited 5. Industry Overview and Outlook Overview of World Steel Industry According to the World Steel Association’s report on world crude steel production

every finished product and crude oil price crack spreads, with supporting factors ranging from the maintenance of various refineries in North Asia, as well as concerns over supplies tightening after the

sales volumes plus greater main raw material costs from higher crude oil price and tight market supply. However, the overall spread margin was improved and bring 23.9% gross profit margin comparing to

. The Company’s net loss has increased by 94.32 million Baht or 172.94%. Increased loss is the result of adjusting up-down price of crude palm oil during 2019, the Crude Palm Oil (“CPO”) price was

comparing to 2018 or 11.9% mostly due to soften Ethylene and Glycerin price from ample supply and lower crude oil price. Summary of Performance For Q1 2019, the Company and its subsidiaries recorded net