The Import is Stronger, Steel Production Will Improve: http://industri.bisnis.com/read/20170802/257/677279/impor-kian-ketat-produksi-baja-bakal-membaik/2 August 2017

The Indonesian Iron and Steel Association (IISIA) projects that steel production growth will improve in line with the government's policy of tightening steel imports and adding new steel plants.

Based on data from the Central Bureau of Statistics, the metal goods industry, not the machinery and equipment, recorded the highest production growth among other industries by 10.86% in the second quarter of 2017. The increase in this sector is the main driver of manufacturing industry production growth of 4% on an annual basis.

Hidayat Triseputro, Executive Director of IISIA said, the condition of the country's steel industry began to improve due to several factors. Namely, foreign factors, the price of steel (in China) has gone up significantly. Factors in the country, this is due to the effect of regulations and government policies related to tightening imports of steel, so steel consumers are beginning to switch to domestic production.

Protecting the Domestic Steel Industry Market, the Government Synchronizes Policy: https://www.antaranews.com/berita/721068/lindungi-pasar-industri-baja-domestik-pemerintah-sinkronisasi-kebijakan/25 June 2018

The government will take efforts to synchronize policies that favor the national steel industry to protect the market from the invasion of imported products, along with increasing steel production capacity at the global level. Moreover, as a basic component of economic growth in each country, the steel industry is the mother of industry for the machinery and equipment, automotive, maritime and electronic industries. This was stated by Minister of Industry Airlangga Hartarto.

Steel producers in developing countries are also anticipating excess global steel capacity which has a surplus to production capacity of up to 700 million metric tons last year. In 2017, global crude steel production reaches 1.7 billion tons, almost 50 percent comes from China, while Southeast Asia produces 1.5 percent. These conditions will have an impact on several aspects, including prices, employment, utilization and profit levels for steel producers. In addition, it risks the sustainability of the industry and influences economic growth and public welfare. Domestic steel industry production continues to be optimized and directed at the development of high value-added special products, so that imports are no longer needed.