Reference
·Supporting source
Thailand Ferrous Scrap Imports Value
~USD 1.2–1.8B/yr
Thailand's electric-arc-furnace mills are among Southeast Asia's largest consumers of imported ferrous scrap, with annual import values estimated at USD 1.2–1.8 billion depending on global scrap prices. Key suppliers are Japan, the United States, Australia, and regional ASEAN sources. Scrap cost is the dominant variable in EAF production economics; Thai mills hedge via quarterly contracts with Japanese trading houses (Mitsui, Marubeni). The Customs Department classifies scrap under HS 7204, and the Department of Foreign Trade tracks quarterly flows as part of its industrial-materials price-monitoring mandate.
Figure in context
Thailand's electric-arc-furnace mills are among Southeast Asia's largest consumers of imported ferrous scrap, with annual import values estimated at USD 1.2–1.8 billion depending on global scrap prices. Key suppliers are Japan, the United States, Australia, and regional ASEAN sources. Scrap cost is the dominant variable in EAF production economics; Thai mills hedge via quarterly contracts with Japanese trading houses (Mitsui, Marubeni). The Customs Department classifies scrap under HS 7204, and the Department of Foreign Trade tracks quarterly flows as part of its industrial-materials price-monitoring mandate.
Thailand's electric-arc-furnace mills are among Southeast Asia's largest consumers of imported ferrous scrap, with annual import values estimated at USD 1.2–1.8 billion depending on global scrap prices. Key suppliers are Japan, the United States, Australia, and regional ASEAN sources. Scrap cost is the dominant variable in EAF production economics; Thai mills hedge via quarterly contracts with Japanese trading houses (Mitsui, Marubeni). The Customs Department classifies scrap under HS 7204, and the Department of Foreign Trade tracks quarterly flows as part of its industrial-materials price-monitoring mandate.
Time scope
FY2023
Source basis
Supporting source
Interpretation notes
What this tells you
Thailand's electric-arc-furnace mills are among Southeast Asia's largest consumers of imported ferrous scrap, with annual import values estimated at USD 1.2–1.8 billion depending on global scrap prices. Key suppliers are Japan, the United States, Australia, and regional ASEAN sources. Scrap cost is the dominant variable in EAF production economics; Thai mills hedge via quarterly contracts with Japanese trading houses (Mitsui, Marubeni). The Customs Department classifies scrap under HS 7204, and the Department of Foreign Trade tracks quarterly flows as part of its industrial-materials price-monitoring mandate.
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
Steel Import Dependency Ratio
ISIT, Thai Customs Department, OIE
Sahaviriya Steel Industries Crude-Steel Capacity
SSI Annual Report, SET filings, 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.