Indonesia – your key to sales success.

“Demand of Steel Firms Find Strong Growth in Indonesia”

Indonesia has the fourth largest population in the world. Its economy is the 18th biggest in the world, is the largest in South East Asia, and is projected to grow at over 5% annually for the following years. Rising living standards, a rapidly expanding middle class, and increasing Government’s spending on infrastructure development are accelerating the demand for steel and its allied industries.

The steel market demand in Indonesia is expected to reach a total of 16 million tons in 2016, and 20 million tons in 2020 and 30 million tons in 2030. This market has experienced a higher growth due to the increasing steel demand by the infrastructure sector, property, manufacturing and automotives.

With a huge population nearly to 260 million, high infrastructure spending and rapid urbanization, Indonesia is developing at an unprecedented rate. High promising econimic growth, and increasing demand for new and retrofit building offices and comercial buildings, the demand for lift & escalator products and tecnology is continue to growing.

Industry Overview

"It is expected that the number of skyscrapers in Jakarta to double by 2018 as developers tap into the booming demand for property. And within the next 5 - 10 years, Jakarta will be among the top of 20 ASIA City."

Latest News

Domestic demand for steel plywood reached 1.65 million tons in 2016, or jumped 20% compared to 2015 demand of 1.37 tons. However, the production capability of local manufacturers has not been able to meet all domestic demand. As much as 53% of the demand for national coated steel, or as many as 898,000 tons.   Read More
Domestic demand for steel products reached 1.65 million tons last year. A total of 1.08 million tons of which are sales to the construction sector. While the remaining 570 tons is retail sales.   Read More
The Indonesian Iron and Steel Association (IISIA) predicts that steel sales in Indonesia will grow nearly 9 percent (y/y) to 12.5 million tons in 2016, from 11.5 million tons in 2015, on the back of new infrastructure projects. IISIA Director for International Relations Purwono Widodo.   Read More
Steel consumption in Indonesia is expected to rise to 13-14 million tons this year , from 11.3 million tons in the preceding year. Growth is supported by infrastructure development in Indonesia. Data from the Southeast Asia Iron and Steel Institute (SEAISI).   Read More