06
Aug
01:00
Thai debt crisis hurts steel firms viewed as risks
Thailand’s political and economic difficulties over the last two years have taken a severe toll on the health of key companies, including steelmakers. Now they are caught in a trap as bad debts discourage the investment the country needs to boost steel demand, Kallanish notes.
Non-performing loans in the country have been increasing steadily and have yet to peak. Thailand’s CIMB Securities analysts have said a peak could come at the end of this q…
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Anonymous
Very good overview of the weekly steel market.
Anonymous