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30 Mar
14:07

Infrastructure, not manufacturing, to drive Thai steel growth

The Thai government expects to see infrastructure spending increase significantly over the coming years. This will push up steel demand, according to Tata Steel (Thailand) ceo Rajiv Mangal speaking at Kallanish Asia Steel Markets in Ho Chi Min City this week. The country is already starting to lose its position as the dominant automotive manufacturer in Southeast Asia however, he warned. In 2017, the Thai economy is expected to grow by around 3.3% up f…
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