According to the September edition of MEPS International Steel Review, steel prices around the world have been on an upward trend since July. The company's global all products steel price is at its highest Ievei since September 2014. 

Companies in the steel industry recorded big gains on the back of rising prices of the product in China that has hit multi-year highs.

Formosa Plastics Group is now seeking partners for their joint venture steel plant in Vietnam after a year-long suspension due to a toxic waste spill in 2016.

The Transport Ministry will submit the first phase of the 603-kilometre high-speed train project to the National Economic and Social Development Board for approval on Thursday.

Thailand's scrap imports reached 123,000 tons in April, rose 17.9% from a year earlier and surged by 182% from a month earlier, according to latest data.

The Revenue Department is set to launch a tax evasion probe against steel-related companies nationwide to shore up revenue leakage and boost efficiency.