Thailand removes safeguard measures on hot rolled sheet

Tuesday, 05 February 2019 23:24:27 (GMT+3)   |   San Diego
       

The Commerce Ministry ruled out extending safeguard measures on imported hot-rolled steel sheet with alloy, both in coils and not in coils, on January 7, 2019.

Thailand has two major hot-rolled steel sheet makers, namely Sahaviriya Steel Industries, the country's largest, and G Steel. Nava Chantanasurakon, chairman for the Association of Thai Hot-Rolled Steel Sheet, stated that domestic steel producers are forecast to suffer substantial injury due to the change. Chantanasurakon called for the ministry to reinstate safeguard measures, especially, from Chinese imports. This safeguard measures will end on Feb 26. Thailand's safeguard measures on imported steel began on Feb 27, 2013.


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