Steel & Metal Products

Net-importer ~20Mt/yr; Tata Steel, Millcon, G Steel listed; CBAM, anti-dumping, green-steel transition

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Reports in this sector

2

Market profiles

0

Cited sources

28

Primary-grade share

82%

Key statistics

Public reference figures, each linked to source-level context.

FY2023
~16–18 Mt/yr

Thailand Apparent Steel Consumption

Iron and Steel Institute of Thailand, Office of Industrial Economics

FY2023
~55–65%

Steel Import Dependency Ratio

ISIT, Thai Customs Department, OIE

FY2023
~4 Mt/yr (nameplate)

Sahaviriya Steel Industries Crude-Steel Capacity

SSI Annual Report, SET filings, ISIT

FY2023
~USD 1.2–1.8B/yr

Thailand Ferrous Scrap Imports Value

Thai Customs Department, Department of Foreign Trade, ISIT

FY2023
~45–50%

Construction Sector Share of Steel Demand

ISIT, Office of Industrial Economics, National Economic and Social Development Council

2020-2024
~THB 523B (2023)

Thailand steel and metal products sector revenue (2020-2024)

Iron & Steel Institute of Thailand, Federation of Thai Industries Steel Industry Club, Krungthai COMPASS, Statista

2023-2024 capacity share
SSI ~36% of HRC

Thailand finished steel production share by mill

Sahaviriya Steel Industries annual report, Iron & Steel Institute of Thailand mill survey, Tata Steel Thailand filings, Hyundai Steel disclosures

2020-2024
~28-30% (2024)

Thailand HRC capacity utilisation (2020-2024)

Iron & Steel Institute of Thailand, South East Asia Iron & Steel Institute, Sahaviriya Steel Industries annual reports, Krungthai COMPASS sector note

2020-2024
~10M+ tonnes (2024)

Thailand steel imports from China (2020-2024)

Iron & Steel Institute of Thailand import statistics, Tata Steel Thailand investor presentations, Thailand Department of Foreign Trade anti-dumping case file, S&P Global commodity insights

as of 2024-2025
~12 active

Active Thai anti-dumping cases on Chinese steel

Thailand Department of Foreign Trade, S&P Global, GMK Center, Iron & Steel Institute of Thailand

Phase 2 begins Jan 2026
~THB 28B at risk

Thailand EU CBAM Phase 2 exposure (steel)

Kasikorn Research Centre CBAM impact note, Nation Thailand, EU CBAM regulation, Iron & Steel Institute of Thailand

2020-2024
THB 26.3B (2024)

Sahaviriya Steel Industries (SSI) revenue trend

Sahaviriya Steel Industries SET filings, SSI Annual Report 2024, SET listed company snapshot

FY2024 with 2025 ISIT projection
~16.7M tonnes (2024)

Thailand apparent steel consumption

Iron & Steel Institute of Thailand, SEAISI, Krungthai COMPASS sector note

Available reports

Thailand Steel & Metal Products Market Intelligence

Thai steel demand ~20M t/yr; net importer 35-40% from China, Vietnam, Japan, Korea. Tata Steel, Millcon, G Steel listed. CBAM, anti-dumping, green-steel transition.

Thailand Steel and Metal Products Market Intelligence

Thai apparent steel consumption ~17-18M t with 60-65% imports (Chinese HRC the swing volume). SSI, GJSteel, TSTH, MS, BSBM, PAP listed. Trade Remedies and CBAM Phase 2 are binding.

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Thailand Steel & Metal Products Market Intelligence

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