Stainless Steel World News - for CRA professionals

Indonesia: production and export leap in 2018

Posted by David Sear

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’. Read more...

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