Steelmakers decry 10 years of lost revenue

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The Thai steel industry has lost more than 10 billion baht in revenue over the past 10 years, attributed mainly to an economic slowdown and the influx of cheap Chinese steel products into the Thai market, according to local steel manufacturers.

These measures are insufficient because steel products from China continue to flood Southeast Asia.

"Local steel manufacturers want the government to launch stronger new measures to save them," said Mr Pravit.

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Article Details

Category: EconomyBusiness

Markets: ThailandChinaIndiaMalaysia

Topics: Products Steel Thailand Thai Chinese Year Tonnes Local Industry Wire Million

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-12 @ 04:00:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 467 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 26094501

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Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 15 posts per day

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News Last Updated: 2 hours ago

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Publisher ID: #66

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