Indonesia's stainless steel exports jump 23% MoM in June

Indonesia's stainless steel exports surged 23.3% month-on-month to approximately 473,620 tonnes in June, according to data from Statistics Indonesia (BPS). The figure also marked a 48.3% on-year increase.

In parallel, the country's stainless steel imports totaled around 34,500 tonnes in June, jumping by 15.2% from May and 20.2% from a year earlier. As a result, net exports reached roughly 439,100 tonnes, marking a significant 24% on-month rise and leaping by 51.1% year-on-year. The monthly export growth was largely