In 2021, Krakatau Steel, the Indonesian state-owned steelmaker, exported about 262,700 tons of steel, increasing by 104% compared with 2020.
The steel exports of Krakatau Steel kept boosting this year despite the Russia-Ukraine war. Due to the conflict, supply from the CIS was disrupted, so suppliers in other countries got a great opportunity to expand into the European market.
Krakatau Steel had started its export to Europe since last year. In the first quarter of 2022, Krakatau Steel's exports totaled more than 200,000 tons.
Source: YIEH
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