product. However, when compared to Q2/2018, there was a slight dip in sales, combined with repercussions from the movement of crude palm oil that was consistently in the low level, resulted in a reduced
affected by the year round global oil price fluctuation, especially in the last quarter which oil price plunged drastically. Moreover, the refinery recorded lower crude run due to its 45 days turnaround
price of crude and finished product to make its downward trend. With demand for fuel consumption declining across the globe, combined with the Organization of Petroleum Exporting Countries [ OPEC] and
following global crude oil price movement, led to an improvement of gross profit. However, production and sales volume decreased according to the Natural decline curve. In this quarter, there was a loss from
Steel Public Company Limited Page 9/14 5. Industry Overview and Outlook Overview of World Steel Industry According to the World Steel Association’s report on world crude steel production was 478.7 MT in
). Table 1 : Performance Summary Table 2 : Adjusted EBITDA Margin In the face of volatile crude palm oil and crude palm kernel oil prices’ movement, both had continued to decrease from quarter 1/2017 due to
the World Steel Association’s report on world crude steel production was 481million tons in the second-quarter of 2019 and accumulated world crude steel production in the first half of 2019 was 925.1
world crude steel production was 466.1 million tons in the third-quarter of 2019 and accumulated world crude steel production in the first nine months of 2019 was 1,391.2 million tons, up by 3.9% compared
affected by the decline in most of the finished product and crude oil crack spreads, as a result of the oversupply situation in finished oil products, and the anxieties over the trade war between the US and
Outlook Overview of World Steel Industry According to the World Steel Association’s report on world crude steel production was 443.0 million tons in the first three months of 2020, significant decrease by