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Trades about 20% below its sector, cheaper than its peers on earnings.
Operating primarily within Thailand, TMT Steel Public Company Limited specializes in the sale and processing of various steel products, including structural steel, plates, and sheets. Its extensive product portfolio is divided into several categories. These include flat steel items such as hot-rolled sheets, flat iron, slit steel coils, and decorative patterned sheets. Its cold-formed offerings encompass a wide array of steel tubes—available in round, rectangular, square, painted, primer-coated, API, ASTM, and galvanized finishes—along with pipes, lightweight channels and angles, and c-channels that are either primer-coated or galvanized. Furthermore, TMT Steel provides hot-formed products, specifically H-beams, T-beams, and I-beams for structural applications, alongside hot-rolled steel gutters, angle steel, conventional round steel bars, and deformed reinforcement bars. Previously operating under the name Thai Metal Trade Public Company Limited, the firm was established in 1992 and maintains its headquarters in Bangkok, Thailand.
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