[Thailand's Steel Industry Seeks Government Support Amid Rising Costs]

Published: Apr 14, 2026 10:06 (GMT+8)
According to Thai media reports, Thailand's steel industry, under pressure from rising energy and freight costs, called on the government to strengthen support and adopt anti-dumping measures. Steel enterprises announced a 10% to 15% price raise on all products starting from April, with a possible second round of adjustments in May depending on cost changes. The price increase covered a wide range of products including rebar, wire rod, sheets & plates, and specialty steel for automotive and construction applications. Industry insiders pointed out that Thailand lacked iron ore resources, and its steel industry was highly dependent on imported steel scrap, making it extremely sensitive to international market fluctuations.

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