Posted on 27 Dec 2019
TEMPO reported that Indonesia’s Coordinating Minister for Maritime Affairs and Investment Mr Luhut Binsar Pandjaitan believes that Indonesia would be the world’s largest stainless steel exporter by the year 2021 following the country's constant growth of stainless steel exports. He recently said “Our stainless steel exports have reached USD 5.8 billion annually.”
The Industry Ministry previously recorded iron and steel exports grew from 302,919 tons in 2017 to 459,502 tonnes in 2018 (January-September), while exports of HRC stainless steel rose from 324,108 tonnes to 877,990 tonnes during the same period.
