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Trade

Thailand considers new anti-dumping measures against Chinese steel

Southeast Asia braces for supply glut from imports and too much domestic capacity

China accounts for half of the world’s steel production, and exports a third of its steel to Southeast Asia. (Photo by Tomoko Wakasugi)

BANGKOK -- An investigation by Thailand's Ministry of Commerce could broaden anti-dumping measures against hot-rolled coil steel from China, whose surging exports have Southeast Asia on the defensive while its steel mills reel from overcapacity and low utilization.

The Thai Department of Foreign Trade could conclude its investigation by June, after receiving a petition last year from Sahaviriya Steel, G Steel and GJ Steel, Thailand's largest makers of hot-rolled coil steel. The product is used in automotive and equipment parts, bridges and water pipes.

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