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

first half of 2018. 4. Industry overview and outlook 10 G J Steel Public Limited Management Discussion and Analysis Quarter 2 Ending 30 June 2019 Chart of world crude steel production monthly, ending 30

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

market, where the oil business is in on a downward trajectory following slowing global economy due to the trade war between the US and China. The Dubai crude price in 2019 averaged at 63.51 $/BBL, a

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

million tons of crude steel in March 2019, an increase of 2. Business Outlook on Q2/2019 3. Industry Overview and Outlook 4 G J Steel Public Limited Management’s Discussion and Analysis (MD&A) Q1/2019 2.3

increase of 3.4% compared to the same period of 2017. Chart of world crude steel production monthly, ending 30 September 2018 Source: World Steel Association 4. Industry Overview and Outlook Management’s

Company Limited Page 2/2 2. Business Outlook While the Company is gradually regaining its market share back post shutdown from February 2019 to April 2019, the current slowdown continues to pose challenges

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

1,386 million, or earning per shares of THB 1.01. The company and its subsidiaries performance improved, especially the Refinery Business Group which still maintains its average crude run at a high level