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Free trade 'could ruin' steel makers.
Byline: Busrin Treerapongpichit
Apr. 6--The country's steel industry could collapse if the government accedes to Japan's demands to liberalise the trade of hot-rolled steel under the proposed Thai-Japan free trade agreement, members of the Steel Industry Club of the Federation of Thai Industries warned yesterday.
Pibulsak Atthabawarapisan, the club chairman, said allowing unfettered imports of steel would jeopardise Thai steel mills, and threaten a number of supporting industries.
"The steel industry operates on only a minimal margin," he said. "We are not strong enough to compete with our rivals, such as Japan, who have the full support of ...
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