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MARCH 2017
THAILAND STEEL INDUSTRY 2016
Demand Breakdown
Finished Steel Inventory Index Other
up by 20% YTD
Packaging
0.6%
Machinery 3.5%
18.4%
Appliance
Domestic steel average price 7.3% Construction
decreased by -6% YoY Automotive
53.1%
17.0%
Remarks : (1)Total flat steel consumption does not include CR sheet and Coated steel production amount since both products use
HR sheet as their base materials, they are already counted in HR sheet consumption amount.
Source : Iron and Steel Institute of Thailand (ISIT), March 2017
3
Thailand Steel Industry Consumption 2016
Crude Steel Consumption
%y-o-y %y-o-y y-o-y
Jan-Dec 16 Production Import Export Consumption
change change change
Apparent Crude Steel Consumption 3,825,120 4,940,218 55.55% 145,678 3941% 8,619,661 25.38%
Ingot Carbon Steel - 24,160 1127.01% 63 -4%
Stainless steel - 47 -33.56% 1 - 29,249 -77.88%
19,297
19,000 Worst Case
19,097
-1.0%
18,500
18,000
17,924
17,500 17,708
17,000
16,500 16,726
16,000
15,500
15,000
2013 2014 2015 2016 2017F
Assumption
GDP growth 3-4% Construction growth 3-5%
Automotive growth 2-6% Appliance growth 1-3%
Machinery & Industrial growth 0-1% Packaging growth 1-2%
Source : Eastern Economic Corridor Development project Driving Forward,15th February 2017, Ministry of Industry
7
5 HIGH PRIORITY PROJECTS TO START IN 2017
Source : Eastern Economic Corridor Development project Driving Forward,15th February 2017, Ministry of Industry
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Thank you for your attention.
Disclaimer
The information in the above report, publication and website has been obtained from sources
believed to be reliable. However, Iron & Steel Institute of Thailand does not guarantee the accuracy,
adequacy or completeness of the information. Any opinions or forecasts regarding future events
may differ from actual events or results. In addition, Iron & Steel Institute of Thailand reserves the
right to make changes and corrections to the information, including any opinions or forecasts, at any
time without notice. 9