Latest News |
Henan Jiyuan I&S orders Danieli EWR to upgrade its bar mill 03 August 2020 |
INTERVIEW: JSPL's steel export thrust to taper amid Indian market recovery 03 August 2020 |
New slab grinder plant operating at Posco Pohang, Korea 03 August 2020 |
China July steel PMI slipped marginally to 49.2% 03 August 2020 |
CIS billet exports slow, but prices yet higher 03 August 2020 |
![]() |
![]() |
![]() |
![]() |
Thailand Steel Policy Debate
Posted on 27 October 2005
Source: SEAISI
Thailand’s Government has been inviting foreign investors to boost its economy. However, when it comes to steel, the local industry worries about their chances in the future competition. Shougang Corporation of China has approached Thailand to express their commitment to establish an integrated steel plant with a staggering –by the region’s scale- annual production capacity of 3-4 million tons. The chairman of Thailand Iron and Steel Institute Mr Piboonsak Arthabowornpisan, has raised concerns from domestic producers that the new capacity would harm them. He proposes that Chinese steelmakers were only allowed to invest solely in upstream production, long products, and special-grade steels.