China`s demand slumps China`s demand slumps
Bisnis Indonesia, 02 Oct | Monitoring

Iron ore price is predicted to decrease as demand in China slumps in the fourth quarter of 2017. The condition is triggered by country’s policy in reducing pollution during winter.…

Steel producers against import liberalization Steel producers against import liberalization
The Jakarta Post, 02 Oct | Monitoring

Domestic basic steel producers have raised concerns over the government’s plan to further liberalize steel imports as part of a concerted program to improve Indonesia’s position in the World Bank’s…

Govt extends import duty on imported flat-rolled products Govt extends import duty on imported flat-rolled products
Investor Daily Indonesia, 02 Oct | Monitoring

The Trade Ministry announced on Friday that it had extended the import duty on specific flat-rolled iron or non-alloy steel until 2019 to prevent losses faced by the domestic industry.…

Manufacturers welcome BMTP extension Manufacturers welcome BMTP extension
Bisnis Indonesia, 02 Oct | Monitoring

Government`s decision to extend import duty on specific flat-rolled iron or non-alloy steel is welcomed by business players. The Indonesian Iron and Steel Industry Association (IISIA) executive director Hidayat Triseputro…

RI extends duties on iron, steel to 2019 RI extends duties on iron, steel to 2019
The Jakarta Post, 30 Sep | Monitoring

The Trade Ministry announced on Friday that it had extended the import duty on specific flat-rolled iron or non-alloy steel until 2019 to prevent losses faced by the…

Steel pipe holds global bonds road show Steel pipe holds global bonds road show
Kontan, 06 Sep | Monitoring

PT Steel Pipe Industry Indonesia Tbk. (ISSP) plans to raise fund from global debt market. ISSP is currently conducting road show to several countries to offer bonds. “It’s right, we…

Industry starts making adjustment Industry starts making adjustment
Bisnis Indonesia, 06 Sep | Monitoring

Steel price in global market has triggered several industries to make adjustment, including reviewing the project’s value. The Indonesian Ship Industry and Offshore Facilities Association chairman Eddy Kurniawan Logam said…

Steel price getting strong as market tightens Steel price getting strong as market tightens
Bisnis Indonesia, 06 Sep | Monitoring

Steel price is predicted to be still around US$655 per ton until the end of 2017 along with market condition, which increasingly tighten caused by supply slowdown, demand increase and…

KS ready to book profit KS ready to book profit
Neraca, 05 Sep | Monitoring

Joint cement processing mill of PT Krakatau Steel and PT Semen Indonesia starts producing raw materials of cement. “We build this [the factory] based on achievement and based on working…

Steel prices start stimulating industry Steel prices start stimulating industry
Kontan, 05 Sep | Monitoring

Steel industry gears up to make price adjustment on the products. Steel prices, which continue to skyrocket, have forced steel industry to do sales contract renegotiation. Hot-rolled coil (HRC) for…

KRAS to soon commence PLTU construction KRAS to soon commence PLTU construction
Bisnis Indonesia, 05 Sep | Monitoring

State-owned steelmaker PT Krakatau Steel (Persero) Tbk plans to hold groundbreaking ceremony of a 1x150 megawatt (MW) coal-fired power plant (PLTU) by mid-December 2017. Krakatau Steel director Imam Purwanto said…

BlueScope strengthens national retail market BlueScope strengthens national retail market
Koran Sindo, 04 Sep | Monitoring

Coated steelmaker PT NS BlueScope Indonesia (BlueScope) continues to strengthen retail market. Company’s VP channel & business development Tirta Prabowo said Indonesia’s retail market is really dynamic with huge population.…