THAILAND STEEL
January 1st, 2004
BY MARK ROWETHE THAI steel industry has called for the country's domestic ceiling price of finished steel products to be lifted to ease threats of a shortage. Local manufacturers fear that a shortage of locally made steel products is possible because the price of imported steel slab used as raw material has jumped by 75 per cent to US$450 per tonne, from US$250 a year ago."Steel prices have surged to a record high for the past ten years,"' said Visuth Jirathiyuth, vice-chairman of the iron and steel club in the Federation of Thai Industries. "If the ceiling price ...
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