Best Steel Stocks in Thailand for 2026
Top-ranked Steel stocks in Thailand. Steel producers earn the spread between iron-ore, scrap costs, and finished-steel pricing tied to industrial output; Health leverage gates names with no safety margin.
Steel producers earn the spread between iron-ore and scrap input costs and finished-steel pricing, which moves with industrial-production cycles plus trade-policy events. Composite scoring uses normalised mid-cycle EBITDA in the Valuation pillar and the Health pillar (net debt through the trough) gates names with no margin of safety.
Data as of (updated daily)
Top 20 Steel stocks in Thailand by composite score
| # | Ticker | Name | Composite |
|---|---|---|---|
| 1 | TSTH.BK | Tata Steel (Thailand) Public Company Limited | 74.4 |
| 2 | 2S.BK | 2S Metal Public Company Limited | 70.8 |
| 3 | MCS.BK | M.C.S. Steel Public Company Limited | 61.9 |
| 4 | SSSC.BK | Siam Steel Service Center Public Company Limited | 57.1 |
| 5 | LHK.BK | Lohakit Metal Public Company Limited | 56.4 |
| 6 | TYCN.BK | Tycoons Worldwide Group (Thailand) Public Company Limited | 53.9 |
| 7 | PAP.BK | Pacific Pipe Public Company Limited | 52.8 |
| 8 | INOX.BK | POSCO-Thainox Public Company Limited | 49.9 |
| 9 | SMIT.BK | Sahamit Machinery Public Company Limited | 49.3 |
| 10 | GJS.BK | G J Steel Public Company Limited | 47.9 |
| 11 | TWP.BK | Thai Wire Products Public Company Limited | 45.8 |
| 12 | BSBM.BK | Bangsaphan Barmill Public Company Limited | 45.8 |
| 13 | THE.BK | The Steel Public Company Limited | 45.3 |
| 14 | RWI.BK | Rayong Wire Industries Public Company Limited | 43.8 |
| 15 | TGPRO.BK | Thai-German Products Public Company Limited | 43.7 |
| 16 | UEC.BK | Unimit Engineering Public Company Limited | 43.5 |
| 17 | SAF.BK | S.A.F. Special Steel PCL | 42.7 |
| 18 | AMC.BK | Asia Metal Public Company Limited | 42.2 |
| 19 | CHOW.BK | Chow Steel Industries Public Company Limited | 41.5 |
| 20 | CSP.BK | CSP Steel Center Public Company Limited | 40.7 |
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Methodology: How we score stocks. Data refreshed nightly around 03:30 ET. This page lists the top 20 by composite score within the Steel industry, Thailand. Use the screener for the full ranked list.