9,425.58 TRY BIST 100 BIST 100
43.29 EUR EUR EUR
38.07 USD USD USD
5.24 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
48.69 TRY Interest Interest
66.44 USD Fossil Oil Fossil Oil
39.72 USD Silver Silver
4.60 USD Copper Copper
98.08 USD Iron Ore Iron Ore
352.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,071.20 TRY Gold (gr) Gold (gr)

Indonesia ranks 4th among the world's largest iron and steel exporters

The Ministry of Trade of Indonesia has announced that since 2023, Indonesia has risen to 4th among the world's largest iron and steel exporters.

Indonesia ranks 4th among the world's largest iron and steel exporters

The Ministry of Trade of Indonesia has announced that since 2023, Indonesia has risen to the 4th position among the world's largest iron and steel exporters. This is a significant leap from 2019 when Indonesia was ranked 17th on the same list.

Trade Minister Zulkifli Hasan, speaking at the National Seminar and Steel Construction Supply Chain Exhibition, highlighted that Trade Map data shows Indonesia controlling 5.61% of global steel exports in 2023. Leading the list is China with a 14.57% market share, followed by Germany at 6.95% and Japan at 6.42%.

PT Gunung Raja Paksi Tbk is one of the largest contributors to the growth in Indonesia's iron and steel export performance and has over 50 years of experience in the steel industry, producing up to 1,200,000 tons of high-quality steel per year.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

House sales in Türkiye on the rise in March

Wednesday, April 16, 2025

Tosyalı to invest TRY 378 Million in solar power plant in Ankara

Tuesday, April 15, 2025

Hoa Phat's crude steel production increased by 25% in Q1 2025

Monday, April 14, 2025

Prime Minister of Japan Ishiba “No compromise, no rush.”

Tuesday, April 15, 2025

Tata Steel, Clecim and ABB Limited join forces on new pickling line

Tuesday, April 15, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now