22
Feb
09:59
Lower sales, prices pressure G J Steel earnings
Thailand's G J Steel's revenue and gross profit fell significantly in 2023 due to declining steel sales and prices, Kallanish notes.
Revenue and gross profit in 2023 reached THB 12.48 billion ($350 million) and THB 120m respectively, a significant decrease compared with THB 17.4 billion and THB 1.2 billion in 2022.
Hot rolled coil production in the reporting period decreased by 105,000 tonnes as compared to 2022, and sales dropped by 90,000t, resulting fr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous