THAILAND STEEL DEMAND
June 1st, 2003
BY MARK ROWE
LEADING Thai car and electrical appliance manufacturers have said they are prepared to switch to direct imports of cold-rolled steel amidst a looming shortage and expected subsequent price rise for domestic hot-rolled coils, a raw material for cold-rolled sheets. The shortage follows in the wake of a deadlock in talks to settle a dispute over anti-dumping duties imposed on hot-rolled steel imports from 14 nations, including Japan, in mid-May. Companies involve Toshiba and Toyota.
LEADING Thai car and electrical appliance manufacturers have said they are prepared to switch to direct imports of cold-rolled steel amidst a looming shortage and expected subsequent price rise for domestic hot-rolled coils, a raw material for cold-rolled sheets. The shortage follows in the wake of a deadlock in talks to settle a dispute over anti-dumping duties imposed on hot-rolled steel imports from 14 nations, including Japan, in mid-May. Companies involve Toshiba and Toyota.
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