Deal increases output of hot rolled coil
A partnership between Thai manufacturer G Steel Group and Nippon Steel Corporation is expected to enable Thailand to be less dependent on imports, says Witoon Simachokedee, former permanent secretary of the Industry Ministry.
“Thailand will gain enormous benefits from this joint partnership,” he said.
The country currently imports hot rolled coil, also known as HRC, to satisfy demand in the manufacturing sector, but with the cooperation between G Steel Group and Nippon Steel, more quality HRC will be produced to serve the domestic market, said Wirote Rotewatanachai, president of the Iron and Steel…