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Berita Hari Ini Steel Export

  • Indonesia's Steel Exports to USA Surged in March, Impact of Trump Tariffs?

    Indonesia Steel Exports to USA Surged in March, Impact of Trump Tariffs?

    When looking at the trade data that were released by Indonesia’s Statistics Agency (BPS) on Monday (16/04) there is something interesting about Indonesia’s steel exports. Indonesia is a relatively small steel producing nation (and actually imports about half of its domestic steel consumption, mostly from China) but its iron & steel exports to the USA soared over 1,500 percent month-on-month (m/m) from USD $2.13 million in February 2018 to USD $35 million in March 2018. Reason behind this surge may very well be the trade war between China and the USA.

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