Reference
·Supporting source
Steel Import Dependency Ratio
~55–65%
Thailand imports more than half of its steel requirements, making it one of ASEAN's most import-dependent steel markets. Flat products — hot-rolled coil, cold-rolled coil, and galvanized sheet used by the automotive and appliance sectors — account for the bulk of imports, primarily sourced from China, Japan, and South Korea. Domestic integrated mills (Sahaviriya Steel Industries, Tata Steel Thailand, G Steel) cover long products and some flat-product capacity, but high-value downstream grades rely heavily on foreign supply. Import dependency leaves Thai manufacturers exposed to anti-dumping disputes and exchange-rate volatility.
Figure in context
Thailand imports more than half of its steel requirements, making it one of ASEAN's most import-dependent steel markets. Flat products — hot-rolled coil, cold-rolled coil, and galvanized sheet used by the automotive and appliance sectors — account for the bulk of imports, primarily sourced from China, Japan, and South Korea. Domestic integrated mills (Sahaviriya Steel Industries, Tata Steel Thailand, G Steel) cover long products and some flat-product capacity, but high-value downstream grades rely heavily on foreign supply. Import dependency leaves Thai manufacturers exposed to anti-dumping disputes and exchange-rate volatility.
Thailand imports more than half of its steel requirements, making it one of ASEAN's most import-dependent steel markets. Flat products — hot-rolled coil, cold-rolled coil, and galvanized sheet used by the automotive and appliance sectors — account for the bulk of imports, primarily sourced from China, Japan, and South Korea. Domestic integrated mills (Sahaviriya Steel Industries, Tata Steel Thailand, G Steel) cover long products and some flat-product capacity, but high-value downstream grades rely heavily on foreign supply. Import dependency leaves Thai manufacturers exposed to anti-dumping disputes and exchange-rate volatility.
Time scope
FY2023
Source basis
Supporting source
Interpretation notes
What this tells you
Thailand imports more than half of its steel requirements, making it one of ASEAN's most import-dependent steel markets. Flat products — hot-rolled coil, cold-rolled coil, and galvanized sheet used by the automotive and appliance sectors — account for the bulk of imports, primarily sourced from China, Japan, and South Korea. Domestic integrated mills (Sahaviriya Steel Industries, Tata Steel Thailand, G Steel) cover long products and some flat-product capacity, but high-value downstream grades rely heavily on foreign supply. Import dependency leaves Thai manufacturers exposed to anti-dumping disputes and exchange-rate volatility.
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.
Thailand Apparent Steel Consumption
Iron and Steel Institute of Thailand, Office of Industrial Economics
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
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Profiles covered in the report that cite this number.