Thailand Steel Imports Rise in Jan'20

Thailand's steel imports of raw materials to finished steel products increased on monthly basis in Jan'20, as per the customs data maintained with SteelMint.

Ferrous Scrap- Thailand's ferrous scrap imports were registered at 0.14 MnT, up by 27.3% M-o-M as against 0.11 MnT in Dec'19. Also, on an yearly basis, the same enlarged by 40% in Jan'20 as against 0.1 MnT in Jan'19.

Semi Finish- Billet/Pig iron imports were registered at 0.29 MnT up by 11.5% M-o-M as against 0.26 MnT in Dec'19, whereas on yearly basis, the import volume moved down by 42% in Jan'20 as compared to 0.5 MnT in Jan'19.

Finish Long Steel- Thailand's finished long steel imports were registered at 0.09 MnT in Jan'20, up by 12.5% on both monthly and yearly basis as against 0.08 MnT in Dec'19 and Jan'19.

Finish Flat Steel- The country's import volumes increased by 12.5% M-o-M to 0.63 MnT in Jan'20 against 0.56 MnT in Dec'19. The same declined by 10% on Y-o-Y basis as against 0.7 MnT in Jan'19.

Graphite Electrode- Thailand's Graphite Electrode imports were registered at 499 MT, plunged by 38.2% M-o-M as against 807 MT in Dec'19. On yearly basis, the imports declined by 28.5% in Jan'20 as against 698 MT in Jan'19.