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Steel Sales Will Increase by 100% in Indonesian

As the Government promote infrastructure construction, steel sales will increase by 100% and reach 28 million tons in 2016 in Indonesian. Hidayattriseputro,the executive director from Indonesian Iron and Steel Industry Association using 5t small smelting furnace said : “ iron and steel industry received a large number of orders now.The amount of steel required for government projects will be more, and the demand for construction steel made by small blast furnace increased sharply. The domestic steel industry production capacity will be increased by 40% compared to last year.”

According to Industry appliances, transport equipment and metal industry bureau that domestic steel industry by using blast furnace drawing will benefit from massive government infrastructure and domestic steel sales will increase by 100% this year.

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