Thai Flood Damage Impacts on Japan Steel Export

Thai flood damage impacts Japanese steel export. Japanese steel makers’ local operations in southern part of Thailand have no damage from the flood. However, the flood damaged many steel coil centers and parts processing plants. Japanese steel makers adjust the delivery schedule for Thai users when many of Thai manufacturers stop the operation due to parts supply trouble.

The flood in early October damaged industrial parks with many Japanese transplants in Ayutthaya. The impact spread to other industrial parks. Japan External Trade Organization (JETRO) reported the flood damaged 6 industrial parks including Saha Ratanna Nakorn Industrial Estate, Rojana Industrial Park, High-Teck Industrial Estate, Bang-Pa-In Industrial Estate, Factory Land Industrial Estate and Navanakorn Industrial Zone.

Nippon Steel has various Thai operations including Siam United Steel, Siam Nippon Steel Pipe, Siam Tinplate and NBC Thailand. The plants had no damage from the flood but some of the plants reduce the operation due to the users’ situation.

JFE Steel confirmed no direct damage on Thai Cold Rolled Steel Sheet and Thai Tinplate Manufacturing and still checks the business impacts. Sumitomo Metal Industries recognizes the electrical steel processing plant, Thai Sumilox stopped the operation after the flood while Thai Steel Pipe Industry and cold heading wire making Steel Processing (Thailand) had no damage.