Steel News

We strive to let you one step ahead of the market.

Thailand plans to phase out induction furnaces

25 Apr 2025 14:10 reported by Hazel Chen

A A A

The collapse of a building under construction during the earthquake in Bangkok on March 28 has prompted the Thai government to re-examine building safety. Thailand's Ministry of Industry is pushing to phase out the outdated induction furnace (IF) steelmaking process and replace it with an electric arc furnace (EAF), citing ongoing difficulties in quality control in IF production and serious environmental issues. In contrast, electric arc furnace (EAF) technology uses electricity to melt steel, has excellent impurity removal, operates as a closed system, reduces dust and gas emissions, and provides more reliable and consistent quality control.

 

It is understood that Thailand's current capacity of the steel produced by EAF is 4.3 million tons per year. The quantity is enough to meet the country's demand for 2.8 million tons of steel bars. However, due to fierce competition from imported steel from China, some EAF operators in Thailand are facing pressure to close their plants, which has also exacerbated concerns about tight supply.

Back to Steel News

Related News

Canada launches AD expiry review investigation on OCTG from 8 countries

  • Government Policies
  • 5 Dec 2025 15:55

South Korea objects to Canada's new steel limits

  • Government Policies
  • 4 Dec 2025 15:40

US launches third AD & CVD sunset reviews on China’s OCTG

  • Government Policies
  • 3 Dec 2025 14:25

South Korea approves K-Steel Act to boost industry competitiveness and low-carbon transition

  • Government Policies
  • 2 Dec 2025 16:37

UK launches consultation on 25% energy discount for manufacturers

  • Government Policies
  • 1 Dec 2025 14:25

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 3,224.00
  • 3,046.00
  • Aluminum
  • 2,853.00
  • 2,884.00
  • Copper
  • 11,471.00
  • 11,410.00
  • Nickel
  • 14,720.00
  • 14,920.00

Learn more