Indonesian stainless steel exports to rise further this year after surge in 2018

Indonesia’s stainless hot-rolled coil exports are expected to rise further in 2019 after nearly tripling in the first three quarters of 2018.

Exports of Indonesian stainless HRC totaled 877,990 tonnes during January to September 2018, a year-on-year jump of 170.9% from 324,108 tonnes in 2017, the country’s Ministry of Industry said on Monday January 28. Stainless slab exports also rose sharply over the same period, the ministry added, rising 63.6% to 459,502 tonnes, compared with 302,919 tonnes in the first three quarters of 2017. And stainless steel output and exports are expected to climb further, with more mills being built at the the Indonesia Morowali Industrial Park...

Published

Fiona Lam

January 31, 2019

12:19 GMT

Singapore