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Thailand Steel Institute Concedes Import Measure Is Imperfect.
Byline: Soonruth Bunyamanee
Jun. 3--The Iron and Steel Institute of Thailand concedes that import surcharges on steel products are not the best solution to price problems affecting local steel producers and users.
"It must be accepted that the imposition of surcharges by the Board of Investment is not completely fair. There are loopholes that leave some players in trouble while others make excessive gains," said Wikrom Vajragupta, the institute's director.
Opposition parliamentarians accused the government in the recent censure debate of lacking transparency in applying surcharges on imported stainless steel.
They accused Thainox Steel, the country's sole producer of stainless steel, of ...
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- Thailand : POSCO in talks with Thainox to buy -co source.
- News wire article from: TendersInfo October 8, 2009 700+ words
...is in talks to buy Thainox Stainless PCL INOX.BK, the largest stainless steel producer in Thailand...year. In January, Thainox Stainless PCL declined...producer of cold-rolled stainless steel sheet and steel coil...its website (www.thainox.co.th) that it...
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