BlueScope Steel ( Thailand ) is a part of steel production company in Australia which surprisingly reduces 25 percent of staff recently as well as cut down the number of steel production. Chinese steel which offered the lowest price in Thailand cause the problem Thai products.
Jason Ellis, general manager BlueScope steel said Chinese steel imported to Thailand for almost 12 months ago and the situation in Thailand getting worse in the last 3 or 4 months.
Chinese steel increased 10 times, Jason Ellis said. Steel production in Thailand is concern about the incoming of Chinese steel.
Chinese steel production is cheaper that Thai about 20 to 30 percent. Differ in price lead the BlueScope steel company earns less profit especially in the last 3 or 4 months, Jason Ellis added.
Jason Ellis confirmed we cut down about 25 percent (about 410 employees to about only 300). Map employees to about a company with the amount of $ 300 million which could produce about 380,000 tons per year in average.