Investors Monitor MILL’s Share Price after a Fire Incident at Milling Plant Last Night

A fire occurred at an iron milling plant of Millcon Steel Public Company Limited (MILL) at an industrial estate in Rayong Province around 9:30 pm on February 2, 2021, according to local reporters.

 

Firefighters were able to contain the fire after two hours, but the source of the fire is still unknown at the moment.

 

The company and related people are investigating damages from the incident. The production could face a temporary shutdown from the fire.

 

Yesterday, the share closed 1.11% lower to ฿0.89/share.

 

MILL is a manufacturer and a distributor of a complete range of steel products, of which both domestic and international institutions certify. MILLCON strives for excellent operation capability to create value for all stakeholders with 3 strategic investments: (1) Vertical Integration by investing in construction material distribution companies, (2) Customer-centric Differentiation by investing the manufacture of specialized steel products for automobile manufacturing industry, and (3) Demand-oriented Supply Chain by investing in auxiliary companies.

The strategy revolves around the concept “Think Beyond Steel” where the core business operation is supported and strengthened to create value for customers in every business aspect.