Imported steel threatens Indonesia's domestic steel industry

The Indonesian Iron and Steel Industry Association (IISIA) warned that theImported steel has been a serious threat to the development of the domestic steel industry.Data shows that Indonesia's steel imports in 2024 amounted to 8.72 million tons, far exceeding exports of 5.96 million tons, resulting in domestic capacity utilization falling below the historic low of 40%.

at the present timeSurge in imports of hot-rolled steel, cold-rolled steel and plated productsThe average domestic steel mill start-up rate is less than 40%.Prefabricated steel structure (PEB) imports reach 712,000 tonsThe market for local construction steel is being squeezed.