CHOW Jumps 6% after Signing Production of 400bln. t/year of Steel Billets Contract

CHOW jumps 6% at the opening bell after signing production of 400bln. t/year of steel billets contract.

Chow Steel Industries Public Company Limited (CHOW) has announced that the company has signed the OEM agreement on January 30, 2019 to produce 400,000 mt/year of steel billets. CHOW sets the first shipment to start on June 2019 onward.

 

CHOW’s share welcomes the news with a jump of ฿0.14 or 6.09% to ฿2.44/share after the opening bell with ฿2.3 million in value.

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