Tel :
Tel :
Metal One, a Japanese steel trading company, has reportedly acquired Pacific Sheet and Coil (Thailand) Co. Ltd. (PSCTH). JFS A3041 JNH540R Automotive steel strip, The company stated on March 30 that the move aims to boost sales of PSCTH's high-value-added products. Metal One previously held a 49% stake in PSCTH and acquired the remaining shares on March 9, making PSCTH a wholly-owned subsidiary of the Metal One Group. Metal One acquired its 49% stake in 2012 through the merger of Metal One Stainless (Thailand) Co. Ltd. with PSCTH.
According to Metal One, PSCTH offers a one-stop service in the Thai stainless steel sheet market, including the processing, sales, and export of stainless steel sheets and surface-treated steel sheets. JFS A3041 JNH540R Automotive steel strip, The company plans to leverage the functions of its bonded factory to expand PSCTH's export business and contribute to local industrial development and the resolution of regional issues by providing higher value-added products and services.
According to Mysteel, Japanese steel companies are expanding their operations in Thailand. JFE Steel, Marubeni-Itochu, and Sahaviriya Steel have merged Thailand Coated Steel Sheet Company and Thailand Cold Rolled Steel Sheet Company. JFS A3041 JNH540R Automotive steel strip, Nippon Steel plans to add 720,000 tons/year of hot-rolled strip steel capacity to its Thai subsidiary, G Steel Public Co. Ltd., by 2026. Metal One's acquisition of PSCTH comes as Thailand is undergoing a sunset review of anti-dumping duties on imports of cold-rolled stainless steel from Japan, South Korea, and Ukraine.
