Steel imports from China rose 23% in value in H1 2026 to about THB 180bn, and SCB EIC says Chinese products now make up roughly 65% of domestic consumption. Public concern over substandard induction-furnace (IF) steel is pushing for tighter rules or a ban. SCB EIC argues against an abrupt ban and instead proposes a clear roadmap from IF to electric arc furnace (EAF) production, plus tax deductions, import-duty exemptions for machinery, soft loans and green finance. If you buy or sell steel, check whether your supplier uses IF-made steel and watch for the roadmap and any tightening of TIS standards.