Sluggish car sales in Thailand led to an 11-12% decrease in premium-grade steel sales during the first four months of 2024, underscoring worries concerning reduced steel consumption in the country this year, says the Federation of Thai Industries (FTI).
What carbon tariffs mean for Thailand bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
Steel and aluminium manufacturers should brace for a new levy on their exports as a result of the EU's introduction of the Carbon Border Adjustment Mechanism (CBAM) on Oct 1, says the Office of Industrial Economics (OIE).
Thailand remains on track to improve economic ties with Saudi Arabia as it seeks a new potential market for its products, following sluggish exports to the US and Europe.