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10 May
10:23

Thai steel consumption plummets in first quarter

Thailand's finished steel consumption and production fell sharply during the first quarter, Kallanish notes.  Overall steel consumption during January-March contracted by 17.8% year-on-year, according to the Iron & Steel Institute of Thailand. The fall occurred across the board for every steel product. Production during the first three months fell by 15.4% to 1.89mt. Thai imports in the period were 2.48mt, down 17.8% y-o-…
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