Reference
·Supporting source
Construction Sector Share of Steel Demand
~45–50%
Construction — covering residential, commercial, and infrastructure sub-segments — absorbs an estimated 45–50% of Thailand's total steel consumption, making it the single largest end-use sector. Structural-steel sections (H-beams, angle bars, deformed bar) dominate, supplied by Tata Steel Thailand (formerly NTS Steel) and G Steel from their EAF long-product facilities in Chonburi and Rayong. Government capital-budget allocations for highways (DOH), rail (SRT), and flood-control infrastructure directly drive order flow at Thai structural mills. A slowdown in Bangkok condo starts since 2022 has shifted demand toward infrastructure and industrial-shed construction in EEC industrial estates.
Figure in context
Construction — covering residential, commercial, and infrastructure sub-segments — absorbs an estimated 45–50% of Thailand's total steel consumption, making it the single largest end-use sector. Structural-steel sections (H-beams, angle bars, deformed bar) dominate, supplied by Tata Steel Thailand (formerly NTS Steel) and G Steel from their EAF long-product facilities in Chonburi and Rayong. Government capital-budget allocations for highways (DOH), rail (SRT), and flood-control infrastructure directly drive order flow at Thai structural mills. A slowdown in Bangkok condo starts since 2022 has shifted demand toward infrastructure and industrial-shed construction in EEC industrial estates.
Construction — covering residential, commercial, and infrastructure sub-segments — absorbs an estimated 45–50% of Thailand's total steel consumption, making it the single largest end-use sector. Structural-steel sections (H-beams, angle bars, deformed bar) dominate, supplied by Tata Steel Thailand (formerly NTS Steel) and G Steel from their EAF long-product facilities in Chonburi and Rayong. Government capital-budget allocations for highways (DOH), rail (SRT), and flood-control infrastructure directly drive order flow at Thai structural mills. A slowdown in Bangkok condo starts since 2022 has shifted demand toward infrastructure and industrial-shed construction in EEC industrial estates.
Time scope
FY2023
Source basis
Supporting source
Interpretation notes
What this tells you
Construction — covering residential, commercial, and infrastructure sub-segments — absorbs an estimated 45–50% of Thailand's total steel consumption, making it the single largest end-use sector. Structural-steel sections (H-beams, angle bars, deformed bar) dominate, supplied by Tata Steel Thailand (formerly NTS Steel) and G Steel from their EAF long-product facilities in Chonburi and Rayong. Government capital-budget allocations for highways (DOH), rail (SRT), and flood-control infrastructure directly drive order flow at Thai structural mills. A slowdown in Bangkok condo starts since 2022 has shifted demand toward infrastructure and industrial-shed construction in EEC industrial estates.
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
Thailand Ferrous Scrap Imports Value
Thai Customs Department, Department of Foreign Trade, ISIT
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.