Indonesia: Steel billets imports rise over 20%, m-o-m, in Mar’22

  • Indonesia’s steel billets imports rose significantly by 25.32% m-o-m in March 2022 to 0.39 mnt from 0.31 mnt in February 2022, as per data recently released by customs.
  • Oman was the largest exporter with 0.24 mnt, followed by Russia with 0.10 mnt.
  • However, import volumes fell marginally by 10% y-o-y to 0.90 mnt in January-March 2022 as against 1 mnt last year.

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