Reference
·Supporting source
Thailand Apparent Steel Consumption
~16–18 Mt/yr
Thailand's apparent steel consumption has tracked in the 16–18 million tonne range in recent years, driven by construction, automotive manufacturing, and infrastructure spending under the Eastern Economic Corridor (EEC) scheme. Demand softened in 2023 alongside a property-sector slowdown but remains structurally supported by government capital expenditure on highways, mass-transit extensions, and industrial estate expansion. The Iron and Steel Institute of Thailand (ISIT) and the Office of Industrial Economics (OIE) publish quarterly consumption estimates reconciling import registration data with domestic mill output.
Figure in context
Thailand's apparent steel consumption has tracked in the 16–18 million tonne range in recent years, driven by construction, automotive manufacturing, and infrastructure spending under the Eastern Economic Corridor (EEC) scheme. Demand softened in 2023 alongside a property-sector slowdown but remains structurally supported by government capital expenditure on highways, mass-transit extensions, and industrial estate expansion. The Iron and Steel Institute of Thailand (ISIT) and the Office of Industrial Economics (OIE) publish quarterly consumption estimates reconciling import registration data with domestic mill output.
Thailand's apparent steel consumption has tracked in the 16–18 million tonne range in recent years, driven by construction, automotive manufacturing, and infrastructure spending under the Eastern Economic Corridor (EEC) scheme. Demand softened in 2023 alongside a property-sector slowdown but remains structurally supported by government capital expenditure on highways, mass-transit extensions, and industrial estate expansion. The Iron and Steel Institute of Thailand (ISIT) and the Office of Industrial Economics (OIE) publish quarterly consumption estimates reconciling import registration data with domestic mill output.
Time scope
FY2023
Source basis
Supporting source
Interpretation notes
What this tells you
Thailand's apparent steel consumption has tracked in the 16–18 million tonne range in recent years, driven by construction, automotive manufacturing, and infrastructure spending under the Eastern Economic Corridor (EEC) scheme. Demand softened in 2023 alongside a property-sector slowdown but remains structurally supported by government capital expenditure on highways, mass-transit extensions, and industrial estate expansion. The Iron and Steel Institute of Thailand (ISIT) and the Office of Industrial Economics (OIE) publish quarterly consumption estimates reconciling import registration data with domestic mill output.
What not to do with it
Use the linked report for interpretation and keep basis differences explicit.
Related figures
Adjacent numbers that add context without drowning the value.
Steel Import Dependency Ratio
ISIT, Thai Customs Department, OIE
Sahaviriya Steel Industries Crude-Steel Capacity
SSI Annual Report, SET filings, ISIT
Thailand Ferrous Scrap Imports Value
Thai Customs Department, Department of Foreign Trade, ISIT
Construction Sector Share of Steel Demand
ISIT, Office of Industrial Economics, National Economic and Social Development Council
Thailand steel and metal products sector revenue (2020-2024)
Iron & Steel Institute of Thailand, Federation of Thai Industries Steel Industry Club, Krungthai COMPASS, Statista
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
Report context
Atlas actors in this figure's reports
Profiles covered in the report that cite this number.