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Compare trends of Thailand Steel with China Steel by sunsbob clinton

Article Author Biography
Compare trends of Thailand Steel with China Steel by
Article Posted: 07/08/2013
Article Views: 74
Articles Written: 59
Word Count: 505
Article Votes: 2
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Compare trends of Thailand Steel with China Steel

Business,Business Opportunities,Sales
Via the current state of China steel , it can show, over the past 2-3 years, compared with the world market, Thailand's steel industry seems to render the situation contrarian growth, mainly due to domestic factors gained support, such as private and public construction projects to increase growth and Apartment Property. In addition, the use of steel as the main raw material industry good momentum of growth also provided some support, such as automobiles and parts industry.

First half of 2013, including domestic consumption and export growth, including the Thai steel industry situation is good, in the first four months of data show that steel consumption reached 6.53 million tons, an increase of 22.6% over the same period in 2012, growth accelerated to 9.0% , mainly due to the beginning of this year due to automobile manufacturing steel consumption increased significantly over last year and growing fast. Steel exports but also to achieve growth in 2013 January-April exports of steel and steel products valued at 81.496 billion baht, an increase of 3.4% from the same period last year accelerated to 61.9%.

For the second half of this year, domestic steel demand is mainly gained increasing support construction projects, especially in low-rise and high-rise residential real estate construction and government infrastructure projects. At the same time, pulling power from the car industry or weaken over the first half, the first car under the scheme due to non-delivery of the new car has been delivered to be completed. Dragged down by the automotive industry factors, steel consumption is likely to decline in the second half of this year, because in 2012 the first car in the second half of the automotive industry plan to stimulate the formation of high base effect. However, the research center is expected in 2013 KAITAI annual steel consumption in Thailand up to 1724-1786 tons, an increase of 3.75% -7.50%, compared with 12.2% in 2012, growth slowed.

In Thailand exports of steel and steel products, rest of the year from Australia to Thailand to cancel anti-dumping measures for steel products to get additional support, coupled with development projects in ASEAN countries, especially the construction of infrastructure increases, will lead Thailand to the above two an increase in the market value of steel exports. As the overall trading partner of Thailand's construction industry is in a growth phase, Kai Tai Research Center, believes the situation is Thailand's exports of iron and steel products to increase the value of the opportunity, the annual export value is expected to reach 2,505-2,660 billion baht, an increase of referrals at 13% -20%, although slower than last year's 43.6 percent, but still high growth.

There are some special steel products which have different prices between Thailand and China, however, as usual, like galvanized steel , galvalume steel, steel pipe, steel sections, square tube, rectangular tube, circular tube , etc, has a little more proper prices, therefore, you can choose them according to your requirement.

Related Articles - China steel, galvanized steel, circular tube,

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