impacted due to continued weakening of international market for flat products and increase in imports of Alloy Steel and Hot Dipped Galvanized HRC into Thailand due to strengthening of Thai Baht and removal
foreign exchange Baht 736 million. For net loss, the major factor came from shutdown in Apr2019 which start temporary shutdown from February – April 2019 because GJ Steel has terminated the Scrap Metal
spare part and equipment. Net loss, cause from the epidemic of COVID-19. Steel demand decrease and lead to price reduction. The difference between selling price and raw material cost per ton (Metal spread
Imports of Alloy Steel and Galvanized HRC into Thailand due to strengthening of Thai Baht and removal of Safeguard duties on Alloy Steel in February 2019. The total shipment volume dropped by 40% and
average selling price decreased considerably due to slowdown in Thai economy, strengthening of Thai Baht, and surge in imports of Alloy Steel and Galvanised HRC post expiry of safeguard duties. While total
from the import of other-alloy steel hot-rolled flat products in coil and not in coil since February 2019. The imports constituted 60% of the total consumption in 2019 compared to 54% in 2018. The
facility. The production volume in Q1/19 hence reduce comparing to Q1/18. HRC price is quite stable in Q1/19 though the Safe Guard of Alloy HRC was terminated in February. This does not affect HRC price as
their capacity of the facility. The production volume in Q1/19 hence reduce comparing to Q1/18. HRC price is quite stable in Q1/19 though the Safe Guard of Alloy HRC was terminated in February. This does
representations are being made to the relevant Authorities to provide necessary safeguards against the Imports of HRC, there has been sharp increase in the imports especially of Hot Dip Galvanized and Alloy Steel
percent of the cost of battery production. Most raw materials are pure lead and lead alloy. For 2018 – 2019, the Company’s cost of sales was THB 5,149.57 million and THB 4,472.69 million, respectively, and