Ministry of Public Works reports the national steel absorption within the last few years has increased. However, Indonesia still has lower steel absorption compared to Malaysia and other Asian countries.
Today, the national steel spending records 30 kilograms per capita per year while Malaysia hits 500 kilograms per capita per year. Moreover, South Korea manages to absorb construction steel by one million tonnes per capita per year.
The demand in national steel within the last couple of years has indeed been higher at 6-7 million tonnes per year in 2008 and 7-8 million tonnes per capita per year in 2009.
Last year, the demand grew to 8-9 million tonnes per year.
Despite the increasing demand, the Ministry of Public Works said in statement that it will not tolerate any steel size that does not adopt the set standards.
News Sources
News Sources
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