Billet import in Indonesia increased by 35pc in Jan-Nov 2019 to 41,90,146mt as compared to the same period in 2018.
In November 2019, billet import from Indonesia increased by 28pc to 510,878mt, from the same month in 2018 and by 5pc compared to October 2019.
Russia, which shipped 116,439mt of billets to Indonesia, emerged as the top supplier to the country with a market share of 23pc. UAE followed with a market share of 23pc and shipment volumes of 115,858mt. Oman with 20pc share and shipment volumes of 102,430mt; India with a 10pc share and shipments of 53,026mt; and Ukraine at 8pc market share and shipments of 39,456mt rounded off the top five exporters of billets to Indonesia.