The global steel industry was faced with many challenges in 2011 and H1/2012, arising from the adverse external environment, soft international steel demand and volatile raw material prices. Thailand was hit hard from both the global economic uncertainty and local massive flooding, causing the GDP y/y growth in 2011 to drop to mere 0.1% compared to the plan of 4.5%. Overall, the country's steel production and exports declined significantly as the floods disrupted supply chains and operations in...
Keep on reading: Flood disaster in Thailand landed steel industry in murky waters
Keep on reading: Flood disaster in Thailand landed steel industry in murky waters
