The Commerce Ministry has given its approval for a price increase for steel sheets for canning industry to go up. The ministry expects the price hike will have only a slight impact on the cost of living for Thais.
Permanent Secretary for Commerce Yanyong Phuangrach revealed that the ministry has approved the price hike for tin-plated and chromium-plated steel sheets in line with the rising material costs.
Yanyong said the price hike is necessary as manufacturers could attempt to minimize costs by delaying the import of materials.
The delay would severely impact the food industry.
Posts
No comments:
Post a Comment