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View PricingThe Indonesian market for slabs, billets and blooms of iron and steel declined to $X in 2024, which is down by X% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2022 to 2024, the growth of the market failed to regain momentum.
In value terms, production of slabs, billets and blooms of iron and steel shrank dramatically to $X in 2024 estimated in export price. Overall, production showed a remarkable increase. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Production of peaked at $X in 2022; however, from 2023 to 2024, production remained at a lower figure.
In 2024, shipments abroad of slabs, billets and blooms of iron and steel increased by X% to X tons, rising for the fourth consecutive year after three years of decline. Overall, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2014 with an increase of X%. The exports peaked in 2024 and are expected to retain growth in the near future.
In value terms, exports of slabs, billets and blooms of iron and steel plummeted to $X in 2024. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports of hit record highs at $X in 2023, and then contracted dramatically in the following year.
The Philippines (X tons) was the main destination for exports of slabs, billets and blooms of iron and steel from Indonesia, accounting for a X% share of total exports. Moreover, exports of slabs, billets and blooms of iron and steel to the Philippines exceeded the volume sent to the second major destination, China (X tons), twofold. The third position in this ranking was taken by Taiwan (Chinese) (X tons), with a X% share.
From 2012 to 2024, the average annual growth rate of volume to the Philippines amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Taiwan (Chinese) (X% per year).
In value terms, the Philippines ($X), China ($X) and Taiwan (Chinese) ($X) were the largest markets for slabs, billets and blooms of iron and steel exported from Indonesia worldwide, with a combined X% share of total exports.
Taiwan (Chinese), with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
The average export price for slabs, billets and blooms of iron and steel stood at $X per ton in 2024, falling by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2022; however, from 2023 to 2024, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.
From 2012 to 2024, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (X%), while the prices for the other major destinations experienced mixed trend patterns.
In 2024, the amount of slabs, billets and blooms of iron and steel imported into Indonesia contracted to X tons, with a decrease of X% compared with the previous year. In general, imports recorded a pronounced setback. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2024, the growth of imports of remained at a lower figure.
In value terms, imports of slabs, billets and blooms of iron and steel contracted remarkably to $X in 2024. Over the period under review, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2022 to 2024, the growth of imports of failed to regain momentum.
In 2024, Russia (X tons) constituted the largest supplier of slabs, billets and blooms of iron and steel to Indonesia, with a X% share of total imports. Moreover, imports of slabs, billets and blooms of iron and steel from Russia exceeded the figures recorded by the second-largest supplier, Oman (X tons), threefold. India (X tons) ranked third in terms of total imports with a X% share.
From 2012 to 2024, the average annual growth rate of volume from Russia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Oman (X% per year) and India (X% per year).
In value terms, Russia ($X) constituted the largest supplier of slabs, billets and blooms of iron and steel to Indonesia, comprising X% of total imports. The second position in the ranking was taken by Oman ($X), with a X% share of total imports. It was followed by India, with a X% share.
From 2012 to 2024, the average annual rate of growth in terms of value from Russia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Oman (X% per year) and India (X% per year).
The average import price for slabs, billets and blooms of iron and steel stood at $X per ton in 2024, waning by X% against the previous year. Over the period under review, the import price showed a noticeable reduction. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2022 to 2024, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.
From 2012 to 2024, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the prices for the other major suppliers experienced a decline.
This report provides a comprehensive view of the slabs, billets and blooms of iron and steel industry in Indonesia, tracking demand, supply, and trade flows across the national value chain. It explains how demand across key channels and end-use segments shapes consumption patterns, while also mapping the role of input availability, production efficiency, and regulatory standards on supply.
Beyond headline metrics, the study benchmarks prices, margins, and trade routes so you can see where value is created and how it moves between domestic suppliers and international partners. The analysis is designed to support strategic planning, market entry, portfolio prioritization, and risk management in the slabs, billets and blooms of iron and steel landscape in Indonesia.
The report combines market sizing with trade intelligence and price analytics for Indonesia. It covers both historical performance and the forward outlook to 2035, allowing you to compare cycles, structural shifts, and policy impacts.
This report provides a consistent view of market size, trade balance, prices, and per-capita indicators for Indonesia. The profile highlights demand structure and trade position, enabling benchmarking against regional and global peers.
The analysis is built on a multi-source framework that combines official statistics, trade records, company disclosures, and expert validation. Data are standardized, reconciled, and cross-checked to ensure consistency across time series.
All data are normalized to a common product definition and mapped to a consistent set of codes. This ensures that comparisons across time are aligned and actionable.
The forecast horizon extends to 2035 and is based on a structured model that links slabs, billets and blooms of iron and steel demand and supply to macroeconomic indicators, trade patterns, and sector-specific drivers. The model captures both cyclical and structural factors and reflects known policy and technology shifts in Indonesia.
Each projection is built from national historical patterns and the broader regional context, allowing the report to show where growth is concentrated and where risks are elevated.
Prices are analyzed in detail, including export and import unit values, regional spreads, and changes in trade costs. The report highlights how seasonality, freight rates, exchange rates, and supply disruptions influence pricing and margins.
Key producers, exporters, and distributors are profiled with a focus on their operational scale, geographic footprint, product mix, and market positioning. This helps identify competitive pressure points, partnership opportunities, and routes to differentiation.
This report is designed for manufacturers, distributors, importers, wholesalers, investors, and advisors who need a clear, data-driven picture of slabs, billets and blooms of iron and steel dynamics in Indonesia.
The market size aggregates consumption and trade data, presented in both value and volume terms.
The projections combine historical trends with macroeconomic indicators, trade dynamics, and sector-specific drivers.
Yes, it includes export and import unit values, regional spreads, and a pricing outlook to 2035.
The report benchmarks market size, trade balance, prices, and per-capita indicators for Indonesia.
Yes, it highlights demand hotspots, trade routes, pricing trends, and competitive context.
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Charts mirror the report figures on the platform. Values are synthetic for demo use.
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