quarter of 2020. Thus it will become more challenging for the global steel industry participants in all the regions. Careful estimation for raw material purchasing and production cost management is

the measures and orders of government agencies to limit the spread of COVID-19 with careful consideration of the health and safety of our customers and employees. The Board of Directors and management

Group has committed to support and operate in accordance with the measures and orders of government agencies to limit the spread of COVID-19 with careful consideration of the health and safety of our

treated as breaches. A signatory’s clients and beneficiaries should be careful to respond to the statements from the signatory in a manner that supports the “comply or explain” process and bears in mind the

are mostly family businesses that have difficulty adapting to business disruption, both in terms of product and business models. Technological changes have affected the behavior of consumers as they are

commercial banks adapting their business models, adjusting their physical branches both in terms of number and type of service, while developing their digital banking channels. In addition, banks have been

, bargaining power of buyers) How quickly are the company and management team adapting to the transition? i.e. an assessment of the momentum in improving resilience and responding to the changing industry

quarter of 2017. Thus it will become more challenging for the global steel industry participants in all the regions. Careful estimation for raw material purchasing and production cost management is

all the regions. Careful estimation for raw material purchasing and production cost management is seriously needed in order to cope with the more dynamic business environment. Management’s Discussion

turn back increasing continuously until the second quarter of 2017. Thus it will become more challenging for the global steel industry participants in all the regions. Careful estimation for raw material