Key Highlights
- Steel market includes the production of crude steel in the stated country or region. Crude steel production refers to the production of the first solid steel products upon solidification of liquid steel. It includes ingots (in conventional mills) and semis (in modern mills with continuous casting facilities). Crude steel also includes liquid steel, which goes into the production of steel castings.
- The Indonesian steel market recorded revenues of $14.1 billion in 2024, representing a compound annual growth rate (CAGR) of 22.1% between 2019 and 2024.
- Market production volume increased with a CAGR of 16% between 2019 and 2024, reaching a total of 18 million Tonnes in 2024.
- Indonesia captured a share of 1.3% of the Asia-Pacific steel market in 2024. Steel is one of the key industries in Indonesia and contributes significantly to the country’s economic growth.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the steel market in Indonesia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the steel market in Indonesia
- Leading company profiles reveal details of key steel market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Indonesia steel market with five year forecasts
Reasons to Buy
- What was the size of the Indonesia steel market by value in 2024?
- What will be the size of the Indonesia steel market in 2029?
- What factors are affecting the strength of competition in the Indonesia steel market?
- How has the market performed over the last five years?
- What are the main segments that make up Indonesia's steel market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- PT Gunung Raja Paksi Tbk
- PT Steel Pipe Industry of Indonesia Tbk
- PT Krakatau Steel Persero Tbk

