Steel sector keeping tabs on Myanmar
Thai steel manufacturers have fresh concerns over the impact of the suspension of foreign loan payments in Myanmar on steel exports to Myanmar.
Stay updated with breaking news from Millcon Steel. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Thai steel manufacturers have fresh concerns over the impact of the suspension of foreign loan payments in Myanmar on steel exports to Myanmar.
SET-listed Millcon Steel, a Thai steel manufacturer, is taking advantage of the weaker baht by planning to increase steel exports by 30% this year, especially to Australia and islands in the Pacific.
The Iron and Steel Institute of Thailand expects the country's steel market to expand at least 5% in 2022 and has called for more government collaboration.
SET-listed Millcon Steel, a Thai steel manufacturer, plans to embark on more green business strategies, including the construction of a waste-to-energy power plant and trading carbon credits, as it is determined to follow the government's bio-, circular and green economic model.
KMS set to ramp up steel output as demand surges published : 26 Jul 2021 at 04:30 KMS plans to adjust its steel production plan to serve growing demand in the automotive industry. Kobelco Millcon Steel Co (KMS), a joint venture between Thai and Japanese steelmakers, plans to take advantage of the global economic recovery by increasing premium steel production to serve higher demand from the automotive industry. The firm is the only supplier of premium steel for Japanese automakers in Thailand. Shinichi Yasuki, chief executive of KMS, said...