Indonesia is 10th-largest steel importer all over the world (2017 ranking). In 2018, Indonesia imported 11.6 million metric tons of steel, a 1 percent increase from 11.4 million metric tons in 2017. Indonesia’s imports represented 3 percent of all steel imported globally in 2017, International Trade Administration said.
In addition, Indonesia’s steel demand is expected to increase by 7-9% per year over the next few years, as VITIC/Reuters announced recently.
Particularly, Aloysius Maximilian, general manager of Gunung Raja Paksi, forecasted that the country’s domestic steel demand would reach 16 million tons
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