1.41 million metric tons, increasing 0.20% and thick gauge (Plate) at 95.8 thousand metric tons, decreasing 37.12% compared to the same period of previous year. Table: The production and the domestic
quarter last year. Meanwhile, imports of Hot Rolled Steel decreased by 14% and Domestic Production increased on 11.5% compared to same period last year. To regain the market share and reduce imports, the
decrease rate of 10.16 percent. The revenue decrease was caused by the high competition in the battery industry resulting in the deceleration in domestic sales. Moreover, lead which is the main raw material
decrease in total consumption coupled with surge in imports led to 22% decrease in Domestic production compared with 2018. As per Iron Steel Institution of Thailand (ISIT) the Domestic capacity utilization
is expected to be effective in the next few months to give further support to the Domestic HRC prices. However, the consumption is expected to remain low till the new government formation. As such we
Steel Public Company Limited Management Discussion and Analysis Quarter 3 Ending 30 September 2019 G J Steel Public Company Limited Page 2/13 2. Business Outlook The Domestic HRC prices were severely
funding for its own production. This is to maintain market share and to meet demand for HRC local customers. However, the domestic steel industry has been affected by a trade war between China and the
process and try to obtain new funding for its own production. This is to maintain market share and to meet demand for HRC local customers. However, the domestic steel industry has been affected by a trade
activities. Overall Domestic HRC market conditions remained subdued with downward pressure on HRC prices due to global trade tensions, high levels of imports and slowdown in Thai economy. While various
of Thai Steel Industry ISIT had reported the domestic steel-production Q2/2017 was at 1.71 million metric tons, decreasing 29.07% compared to the same period of previous year consisting of the long