The World Bureau of Metal Statistics (WBMS) now has extensive 2018 trade data for stainless steel. In that year WBMS estimates that Indonesia produced 2.2 Mt of stainless slabs or 4% of global production. Compared to 0.6 Mt in 2017 this represents a near four-times increase: an important consideration as production is expected to continue to increase strongly. And as mentioned in a previous ‘stats corner’, production in Indonesia tends to be ‘low cost’.
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