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Sep 18, 2020

Thai Steel Wants The Government To Protect The Domestic Steel Industry

According to foreign media reports, Thai steel manufacturer Millcon Steel called on the government to use domestic steel in 10 infrastructure projects under its public-private partnership (PPP) to protect the domestic market from cheap steel from China and Vietnam.


  Millcon President said: "This is not in conflict with trade barriers in WTO regulations, because Thailand has not signed a government procurement agreement (GPA) in the WTO."


   He said that although Thailand is a member of the WTO, as long as it does not sign the "Government Procurement Agreement", Thailand can benefit from it and support domestic industries. We have already proposed this idea to Thai Deputy Prime Minister Wissanu Krea-ngam. We hope that the government can take action to help us. "


   It is reported that steel consumption in Thailand has slowed down for many years. Cheap steel imports and the epidemic have worsened the domestic steel industry.


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