According to the data announced by Statistics
Indonesia (BPS), in February this year the value of
Indonesia's steel imports decreased by 14.56 percent compared to the previous month, amounting to $646.9 million, while the country's import value for articles of iron and steel increased by 31.99 percent month on month to $422.9 million.
In the first two months of the current year,
Indonesia's steel import value came to $1.40 billion, falling 18.69 percent compared to the same period of the previous year, while the country's import value for articles of iron and steel amounted to $743.3 million, down 15.44 percent year on year.