Thailand: Ferrous scrap imports fall by 2% y-o-y in CY’24

  • Thailand’s ferrous scrap imports in CY’24 totalled 1.20 mnt, a 2% decrease from 1.23 mnt in CY’23.
  • However, in Dec’24, imports rose 32% m-o-m to 125,808 t from 95,405 t in Nov’24.
  • Y-o-y, imports dropped 38% to 125,808 t in Dec from 91,084 t in Dec’23.
  • The US was the leading exporter to Thailand, accounting for 381,760 t (32% of imports), followed by Australia at 132,650 t and Japan at 113,522 t.