Millcon upbeat on production restart

Quick Summary:

Local steelmaker Millcon Steel Plc is optimistic about resuming production after getting through tough competition, mainly caused by low-cost steel imports from China.

The company's focus on EAF tech comes as the Industry Ministry is planning to ban the use of induction furnace (IF) technology due to environmental concerns.

Theoretically steel from the IF process meets acceptable standards, but consistently maintaining high quality in all outputs is difficult.

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Article Details

Category: EconomyBusiness

Markets: ThailandChina

Topics: Production Products Danieli Millcon Steel Sittichai Plan Suspended Furnace Technology Company

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-29 @ 03:30:00 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 389 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 28276331

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Official Website: bangkokpost.com

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