Market Overview

Research and Markets: Thailand Steel Industry 1H12


Research and Markets ( has announced the addition of the "Thailand Steel Industry 1H12" report to their offering.

Thailand: Steel covers the global, ASEAN and Thailand steel industry overview, the country's industry performance in terms of production, capacitlity utilisation, consumption, imports, exports and prices. It also covers the market trends in terms of investment, anti-dumping duties, impact of Thai floods, impact of Chinese exports, government strategies and market outlook, plus the profile, comparative matrix and SWOT analysis of the industry leading players:

- Sahaviriya Steel Industries Public Company Limited

- G Steel Public Company Limited

- Tata Steel (Thailand) Public Company Limited (TSTH)

Executive Summary

The global steel industry was faced with many challenges in 2011 and H1/2012, arising from the adverse external environment, soft international steel demand and volatile raw material prices. Thailand was hit hard from both the global economic uncertainty and local massive flooding, causing the GDP y/y growth in 2011 to drop to mere 0.1% compared to the plan of 4.5%. Overall, the country's steel production and exports declined significantly as the floods disrupted supply chains and operations in Q4/2011.

Domestic steel consumption increased by 3.3% y/y to 14.5mn tonnes in 2011, much lower than the 31% increase in 2010. The Iron and Steel Institute of Thailand (ISIT) estimated that steel consumption in 2012 would grow by at least 5%, driven by post-flood reconstruction spending from both the public and private sectors. The growth in the demand for steel would also be supported by a significant expansion in the automotive and electronic industries.

Many domestic steel companies were badly affected by the severe floods and global economic slowdown, which eroded their operating margins. Going forward, more resilience in operating results is expected as plants resume production to normal levels and sale volume increases.

For more information visit

Research and Markets
Laura Wood, Senior Manager
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Iron and Steel

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