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04 Jun
01:00

Thailand moves to control domestic steel prices

Thailand has added all steel prices from domestic producers to its “sensitive list,” local media reports. The move comes as Bangkok attempts to protect domestic steelmakers from imports on one hand, and domestic manufacturers and construction firms on the other, Kallanish notes. The Thai government is concerned that recent measures to protect imports could lead domestic steelmakers to abruptly hike prices, according to Internal Trade Department d…
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