Thainox Stainless, the largest stainless steel producer in Thailand, announces to stop production for one month due to sluggish market and weaker demand in worldwide.

The move will also help the company to reduce unnecessary costs at this situation. However, the customers will be able to order and delivery from Thainox during this period, said the company.

Thainox Stainless has production capacity output of 300,000 tons per year. The company supplies 60 percent of its stainless steel products for applications in various industries in domestic market, and exports 40 percent of its output to worldwide.