But the promising outlook has been clouded by the continuing appreciation of the Baht against USD and Euro key export market currencies since August.
The steel industry is playing an important role in the nation's development because it is a necessary production factor in many industries: construction, automotive industry, electrical appliance, and food packaging.
Amid easing risks due to the weakening of the Baht's appreciation which is helping to soften price pressure (especially on important good) plus the new policy rate, it is expected that the MPC will have some leeway toward keeping their policy rate unchanged at the upcoming meeting.