12,668.52 TRY BIST 100 BIST 100
50.12 EUR EUR EUR
43.27 USD USD USD
6.25 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
36.45 TRY Interest Interest
64.11 USD Fossil Oil Fossil Oil
5.91 USD Copper Copper
129.98 USD Silver Silver
106.07 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,497.14 TRY Gold (gr) Gold (gr)
106.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Thailand's G Steel to start cold rolling production in 2026

G Steel, one of Thailand's leading hot-rolled steel producers, has announced plans to expand its product range by adding cold rolling capacity at its plant in Rayong. G Steel, a subsidiary of Japan-based Nippon Steel, will build a new four-roll flattening rolling mill in collaboration with Italian engineering firm Danieli.

Thailand's G Steel to start cold rolling production in 2026

The new line will increase production of high-quality strip steel, Danieli announced on March 20. With the commissioning of the new line at G Steel's plant, which has an annual hot-rolling capacity of 1.58 million tons, up to 720,000 tons of hot-rolled strip steel will be cold-rolled into coils, increasing its added value.

The investment is part of G Steel's three-year investment plan worth 30 billion Thai baht (approximately USD 88.73 million), announced in August 2024. In the process, the company aims not only to invest in cold rolling equipment but also to optimize scrap yard operations and improve production stability and reliability at its existing facilities.

It was emphasized that G Steel's decision to expand its product range was driven by factors such as weakening demand for hot-rolled steel, increasing imported steel volumes, and shrinking profit margins. Scheduled to start production in April 2026, the new line will make a significant contribution to the Thai steel industry.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

The Aegean Mining Exporters' Association:We aim for exports of USD 1.5 billion in 2026 and over USD 2 billion in 2030

Monday, January 19, 2026

Gökhan Sığın became the new CEO of Vestel

Monday, January 19, 2026

Russian ferrous scrap market remains at a low point

Monday, January 19, 2026

Dutch nail producer moves manufacturing operations to Türkiye

Monday, January 19, 2026

EU approves Germany’s EUR 200 million hydrogen support in Canada

Monday, January 19, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now