Reference
·Primary source
Thailand steel imports from China (2020-2024)
~10M+ tonnes (2024)
Steel imports into Thailand exceeded 10 million tonnes in both 2023 and 2024 per ISIT, with China accounting for the largest origin share. The 2023 Chinese import surge of 1.47 million tonnes (+39% YoY per Tata Steel Thailand data) prompted multiple anti-dumping cases on hot-rolled coil, cold-rolled coil, and ZAM (zinc-aluminium-magnesium) coated products. Total imports stayed elevated through 2024 even as DTI applied countervailing duties, because circumvention via alloyed HRC and lower-spec substitutes remained accessible. Single-month early 2024 Chinese inflows hit 244,000 tonnes (+18% YoY) before duty extensions took effect.
Figure in context
Steel imports into Thailand exceeded 10 million tonnes in both 2023 and 2024 per ISIT, with China accounting for the largest origin share. The 2023 Chinese import surge of 1.47 million tonnes (+39% YoY per Tata Steel Thailand data) prompted multiple anti-dumping cases on hot-rolled coil, cold-rolled coil, and ZAM (zinc-aluminium-magnesium) coated products. Total imports stayed elevated through 2024 even as DTI applied countervailing duties, because circumvention via alloyed HRC and lower-spec substitutes remained accessible. Single-month early 2024 Chinese inflows hit 244,000 tonnes (+18% YoY) before duty extensions took effect.
Interpretation notes
What this tells you
Steel imports into Thailand exceeded 10 million tonnes in both 2023 and 2024 per ISIT, with China accounting for the largest origin share. The 2023 Chinese import surge of 1.47 million tonnes (+39% YoY per Tata Steel Thailand data) prompted multiple anti-dumping cases on hot-rolled coil, cold-rolled coil, and ZAM (zinc-aluminium-magnesium) coated products. Total imports stayed elevated through 2024 even as DTI applied countervailing duties, because circumvention via alloyed HRC and lower-spec substitutes remained accessible. Single-month early 2024 Chinese inflows hit 244,000 tonnes (+18% YoY) before duty extensions took effect.
What not to do with it
Values in million tonnes of total steel imports into Thailand (all origins). China share trends at 50-60% of the import basket; Vietnam, Japan, Korea make up most of the balance.
Related figures
Adjacent numbers that add context without drowning the value.
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
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
Active Thai anti-dumping cases on Chinese steel
Thailand Department of Foreign Trade, S&P Global, GMK Center, Iron & Steel Institute of Thailand
Thailand EU CBAM Phase 2 exposure (steel)
Kasikorn Research Centre CBAM impact note, Nation Thailand, EU CBAM regulation, Iron & Steel Institute of Thailand
Sahaviriya Steel Industries (SSI) revenue trend
Sahaviriya Steel Industries SET filings, SSI Annual Report 2024, SET listed company snapshot