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Indonesia's stainless steel finished flats exports rise 7% in January-September2025 amid strong A-Stainless -The 26th China(Guangzhou)International Stainless Steel Industry Exhibition
11/13/2025 不銹鋼展-Stainless Steel exhibition |
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Indonesia''s stainless steel finished flats exports stood at 2.39 milion mt during January-September 2025, upseven percent from 2.24 milion mt in the same period of 2024, according to BigMint data. The rise reflects asustained recovery in demand from kev Asian markets and continued downstream expansion in indonesia''sstainless steel sector
Indonesia strengthened its dominance in Asia''s stainlesssteel trade, securing a significant portion of China''simport market in the first nine months of 2025.reaffirming its position as a top regional exporter
country-wise performance
China remained the largest destination for Indonesianstainless steel, accounting for 760,000 mt of totalexports during January-September, up two percent yearon year. However, shipments to China surged 13percent month on month in September to 114,900 mt.
Taiwan ranked second with 570,000 mt in the first nine months of this year, up two percent as compared to560,000 mt in the first nine months of 2024.
Vietnam imported 510,000 mt in the given period, up 15 percent as compared to 440,000 milion mt in thecorresponding period last year, supported by rising downstream stainless steel goods production and stronginfrastructure spending. Despite a 28 percent month on month dip in August, Vietnam remains one ofIndonesia''s most dynamic growth markets.
Malaysia showed the sharpest increase of 103 percent year on year to 200,000 mt, driven by growingconsumption in the construction and consumer goods sectors.
In contrast, South Korea''s imports fell one percent year on year to 74,900 mt, while other destinations declinedsix percent to 75,000 mt, as trade volumes normalized after strong 2024 inflows.
Port-wise exports
The Bahodupi Port handled the bulk of shipments .. 2.36 milion mt, up seven percent year on year against 2.21million mt -- reaffirming its position as Indonesia''s key stainless steel export hub.
Tanjung Perak Port contributed 30,440 mt, up 18 percent year on year, as compared to 25,781 mt, while otherminor ports handled around 4,229 mt, marking a 160 percent increase.
Factors supporting rise in exports
Rapid capacity build-up in indonesia: Indonesia''s stainless steel output has been climbing up as majorproducers expand capacities and bring new lines online. PT Krakatau Posco has ramped up operations at its1 .5 milion mt/year hot-roling mill in Cilegon, while Tsingshan Group continued to boost production at theMorowali industrial Park, reinforcing its role as the country''s largest stainless producer.
The newly formed Tsingshan-Jindal Stainless joint venture, PT Glory Metal Indonesia, is adding 1.2 milionmt/year of stainless capacity scheduled to start by 2026. PT Jindal Stainless Indonesia is also enhancing its150,000 mt/year cold-rolling facility. Meanwhile, new entrants such as New Asia international havecommissioned additional roling mills, further lifting Indonesia''s stainless output potential.
Raw material cost advantage: Indonesia has abundant reserves of nickel ore, which is a key raw material foiproducing stainless steel. As nickel is available locally and at a lower cost, indonesian mills can producestainless steel more competitively. This cost advantage supports higher production and more exports comparedto countries that must import nickel.
Qutlook
Indonesia''s stainless steel exports are likely to remain elevated in the coming months, supported by ongoingcapacity expansions, steady nickelbased cost advantages, and active export marketing by major mills. Overal,Indonesia is expected to retain its position as a leading stainless steel export hub in the region.
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