Spindo (ISSP) Strategy Facing The Volality of Iron Ore Prices: https://investasi.kontan.co.id/news/strategi-spindo-issp-menghadapi-volalitas-harga-bijih-besi/24 August 2018
Moody's lowered the outlook for PT Steel Pipe Industry of Indonesia's Tbk (ISSP) debt to negative from previously stable. Even so, the ISSP bond rating remains. Because the ISSP outlook is down, Moody's sees that the volatility of iron ore prices will affect the issuer's profit margin because the cost of iron reaches around 85% - 95% of the cost of goods sold by ISSP.

Corporate Secretary and Investor Relations of ISSP, Johannes Edward said that his side has a special strategy to deal with the volatility of iron ore prices, which is to increase the purchase of local raw materials to reduce the risk of foreign exchange differences. ISSP performance until July 2018 is quite good. He estimates, performance by the end of the year will continue to grow. Revenue is targeted to increase by 10% - 20% and net profit is also expected to increase very significantly around 35% - 50% because there is a business's operational efficiency and inventory management.

Potential Iron Sands Mine Sukabumi So Short : http://www.republika.co.id/berita/nasional/jawa-barat-nasional/13/06/18/mokg6v-potensi-tambang-pasir-besi-sukabumi-jadi-incaran, 18 June 2013
Potential iron sand mining in Sukabumi considered quite large. Iron sands producing areas in particular are on the south coast such as the District Tegalbuleud Sukabumi.

The magnitude of this potential is the main attraction for investors to exploit the site. One was conducted regional-owned enterprises (enterprises) owned Sukabumi regency PD Aneka Tambang (Ate). The local company is getting competition from a number of private companies.