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25 Mar 2024

Industry

Thai steel prices projected to fall by 6% YoY in 2024 due to intense competition from imported steel from China (Current Issue No.3475)

คะแนนเฉลี่ย

  • Key factors prompting a decline in Thai steel prices in 2024 are falling steel prices in the global market and domestic steel prices being pressured by the influx of steel products from China.
  • The imports of cheap steel from China pose a challenge for Thai steel manufacturers in maintaining profitability going forward.

Industry