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Weakening Rupiah Not Disturb Performance of Nuts and Bolts Production : June 2015

PT. Garuda Metalindo Tbk, which is a manufacturer of fasteners (nuts and bolts) and cold forging parts, refer to the weakening of the rupiah against the US dollar, which occurred at this time does not affect the company's management.

Garuda Finance Director Metalindo, Ervin Wijaya, Friday, June 12, 2015, said the company has anticipated the weakening of the rupiah against the US dollar.

He admitted that there is a weakening of the influence of the exchange rate of the rupiah against the company, but the effect is relatively small.

Therefore, the company evaluates the customers about price changes associated with the material needs of the company.
Affected Lartas Imported Raw Materials, Nut Bolts Person Claiming Restless : June 2014

A number of industrial entrepreneurs bolt nut products, nails, and other steel processed in Java claimed they were forced to close the plant, if the government did not revise the rule banning limited (lartas) steel wire rod (wire rod), as set out in the Regulation 28/2014. Lartas of wire rod, which they have used as a raw material, it is considered killing medium and small industries, because it does not understand the workflow and needs of existing production.

Representing the employers, the director of the factory wire PT. Surabaya Wire, Sindu Butler, said the government tried to press employers to use locally produced raw materials. However, according to Sind, the government does not understand that the upstream industry nationally, are not yet ready both in quantity and quality.

"The needs of the upstream industry, could reach 2.4 million tons a year. While the production capacity of the local industry does not reach a million tons. That's not in terms of quality, due to local raw materials, very bad, "said Sindu, Tuesday (10/06/2014).

Sindu admit, the entrepreneur has always been importing raw materials from China, because the two considerations. Sindu said the government seemed to force the use of local raw materials, but are not aware of the weakness of the quality of local production, which has arguably only from three to four major industrial companies only.

As is known, the Trade Minister M Lutfi, sign lartas rules for imports of steel containing boron, on 2 June. Director General of the Ministry of Industry Manufacturing Industry Base, Harjanto, said the application for import lartas containing boron steel (including steel wire rods), this is done in order to protect the domestic steel industry.

According Harjanto, domestic steel companies concerned about the increasing imports of boron steel in the market. This makes the market carbon steel (carbon steel) in the country disrupted, even stopped production.

Nut, Bolt, Nail and Screw Manufacturing in Indonesia
Indonesia Industry Report and Market Research
June 5, 2018
Industry Code : C38191
Forecast to : 2022

Nut, Bolt, Nail and Screw Manufacturing in Indonesia This industry consists of enterprises engaged in the manufacture of nails, screws, bolts, hinges, latches and keys made from iron/steel, brass, aluminium, and other metals.
The primary activities of firms in this industry are:
- Nails.
- Screws.
- Bolts.
- Hinges.
- Latches.
- Keys.
- Brass.
- Aluminium.
PT. Dataindo Inti SwakarsaTelp : (62 - 21) 719 3832
3rd Floor, Gapura Raya BuildingTelp : (62 - 21) 719 3834
Jl. Bangka Raya No. 4, Pela Mampang Email :
Jakarta 12720, Indonesia
Chapter Headings US $ Select All
Industry Outlook 60.50
Key Statistics 60.50
Market Characteristics 36.30
Segmentation 36.30
Industry Conditions 60.50
Industry Performance 60.50
Key Competitors 60.50
Key Factors 27.50
Franchise of Nuts and Bolts and SME Partnership 0.39
Role of Largest Manufacturer of Bolts and Nuts in Country 0.39
Foreign Investors Interested in Automotive Sector 0.39
Duty Customs for 13 Industries will be Covered by the Government 0.39
Three Nail and Wire Manufacturers Decrease Production by 40 Percent 0.39
Illegal Nails and Wires from China Disrupts Indonesian Market 0.39
Medium Scale Industry Produce High Quality Steel Part Products 0.39

Report Content

The Nut, Bolt, Nail and Screw Manufacturing industry in Indonesia research report contain trend analysis, statistics, market size information, industry growth rates as well as major competitors.

Major market segments are identified and also those forces affecting demand and supply within this industry. Performance analysis includes emerging industry trends as well as recent results and performance of each key company. Drawing on the depth of information DIS also provides 5 year forecasts for this industry.

The comprehensive study also examines details such as the barriers to entry, operating cost structure, technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic regional data.

KEY STATISTICS 2014 2015 2016 2017 2018
Industry Revenue 107,942 104,367 131,689 158,085 169,151 Rp.Billion
Industry Gross Product 7,016 6,784 8,560 10,276 10,995 Rp.Billion
Number of Establishments 110 120 130 130 130 Units
Employment 109,600 101,200 85 81,000 85,400 Units
Exports 2,856 3,457 6,481 6,521 7,820 Rp.Billion
Imports 10,926 10,899 25,482 30,419 35,880 Rp.Billion
Total Wages 1,425 1,316 1,114 1,010 1,109 Rp.Billion
Domestic Demand 116,012 111,809 150,690 181,983 197,211 Rp.Billion
The data above is sample data only

Cost of Goods Sold 67.13 Gross Profit 32.87
Operating Expense 21.5 Profit (Loss) Before Tax 11.36
Administration 1.58 Depreciation 0.56
Electricity 0.66 Freight 1.99
Fuel, Parking, Toll & Retribution 1.62 Interest 3.09
Land and Building Rental 2.74 Marketing 2.69
Repairs and Maintenance 0.54 Service Fee 0.7
Staff Welfare Allowance 1.38 Other Expenses 0.92
Stationery & Inventory 0.48 Telephone 0.8
Utensils and Equipment 1.24 Wages and Salaries 0.5
The data above is sample data only

Central Java 13.4 DKI Jakarta 6.5
East Java 22.4 North Sumatra 17.9
Papua 2.0 Bali 3.0
South Sulawesi 6.0 West Java 28.8
The data above is sample data only
Price 500.007.750.000
Payment Method
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Bank Transfer in US$
Bank Transfer in RP
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Table of Contents
About this Report
Key Statistics
Market Characteristics
Industry Conditions
Key Factors
Key Competitors
Industry Performance