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INDONESIA – WORLD CLASS PLAYER IN STAINLESS STEEL INDUSTRY

INDONESIA – WORLD CLASS PLAYER IN STAINLESS STEEL INDUSTRY

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Stainless steel is the most well-known material of all industries in the world. All industrial sectors need stainless steel either as a support, raw material, or auxiliary material. Furthermore, the increasing population, urbanization, and expenditure of middle-class families in developing countries have also contributed to the demand for stainless steel.

The global demand for flat-rolled stainless-steel is driven by big industries. The expand of construction industry activities is expected to drive the growth of the global flat-rolled stainless-steel demand. It widely uses in various construction applications such as handrails, external banisters, roofing, siding, and bridges. The expand of automotive industry is expected to drive the demand for flat stainless steel. It is used in the manufacturing of windshields, muffler, frames, wheels, and moulded products. Additionally, the increase of industries in the developing countries is likely to result in an increase in the use of processing equipment, which is likely to fuel the demand for at-rolled stainless steel.

One of the Indonesia centre productions for stainless steel is in Morowali Industrial Park area, Morowali Regency in Central Sulawesi. There is an encouraging news about Indonesia stainless industry in Europe. The intense competition, the decrease domestic demand and the control of steel production by the Chinese government are just few reasons for many Chinese stainless-steel companies to move their factories and production facilities to Indonesia.

The Indonesia Iron and Steel Industry Association (IISIA) invites the government to have discussion to maintain national steel industry and not to let massive foreign investment in the steel sector kill local companies that were present before. The government must be a fair to create equal and healthy business environment to all business players through a series of laws and regulations. On the other hand, business players must also continue to improve their production capacity and efficiency to be able to compete fairly with other foreign investments. The national steel investment, both foreign and domestic, is very promising. It is time for the national steel industry to rise and to become the beating heart of Indonesia manufacture industry.

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