16
Jan
14:12
Tata Thailand reports sales squeeze
Tata Steel (Thailand) has reported a fall in sales in the October-December 2023 quarter and the first nine months of the financial year started April 2023. It attributes this to weak domestic demand in Thailand and cheap imports of Chinese wire rod, Kallanish notes from its filing on the Stock Exchange of Thailand.
Sales in the December, third financial quarter were down 12% year-on-year at 253,000 tonnes. This was partly offset by an increase in export sales. Ove…
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Anonymous
Very good overview of the weekly steel market.
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