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Local manufacturers cry foul over change in stance on steel.
Byline: Busrin Treerapongpichit
Apr. 4--Removing protection of hot-rolled steel under the Thai-Japan free trade area (FTA) agreement will create unfair treatment between local steel manufacturers and automotive makers, according to steel manufacturers.
Commerce Minister Thanong Bidaya said last week that certain types of hot-rolled steel could be removed from Thailand's sensitive list under the Japan-Thailand Free Trade Area agreement to help support growth of the auto industry, a policy shift that caught trade negotiators off guard.
But an official at steel company who wanted to remain anonymous said most of the necessary steel items ...
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Source: HighBeam Research, Local manufacturers cry foul over change in stance on steel.