Sahaviriya suspends HRC offers until Government decision

Sahaviriya suspends HRC offers until Government decision

Thailand's Sahaviriya Steel Industry is now suspending hot rolled coil offer to stockists/pipe makers since it is still waiting for the approval from Thai Government to approve of the proposed price increase of hot rolled coil from Baht 13'800/mt (approx. $320/mt) to Baht 15'800/mt (approx. $367/mt). The final decision of the Thai Government is expected to come out towards mid May.