Indonesia Long Steel Products Market Size & Outlook
Global Market
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Indonesia long steel products market highlights
- The Indonesia long steel products market generated a revenue of USD 4,477.0 million in 2023 and is expected to reach USD 6,578.6 million by 2030.
- The Indonesia market is expected to grow at a CAGR of 5.7% from 2024 to 2030.
- In terms of segment, rebars was the largest revenue generating product in 2023.
- Wire Rods is the most lucrative product segment registering the fastest growth during the forecast period.
Long steel products market data book summary
| Market revenue in 2023 | USD 4,477.0 million |
| Market revenue in 2030 | USD 6,578.6 million |
| Growth rate | 5.7% (CAGR from 2024 to 2030) |
| Largest segment | Rebars |
| Fastest growing segment | Wire Rods |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rebars, Wire Rods, Sections, Tubes |
| Key market players worldwide | ArcelorMittal SA Depository Receipt, Jindal Stainless, Emirates Steel, Arabian Gulf Steel Industries, Hamriyah Steel, Rajhi Steel, Union Iron & Steel, Watania Steel |
Other key industry trends
- In terms of revenue, Indonesia accounted for 0.6% of the global long steel products market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China long steel products market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 69,674.3 million by 2030.
The construction industry in Indonesia is flourishing. The demand for long steel products such as reinforcing bars (rebar) and wire rods is expected to surge in Indonesia in the coming years owing to infrastructure development projects related to housing, transportation, and energy generation being carried out in the country.
Despite the high demand for steel, Indonesia struggles to produce the necessary steel to cater to its domestic requirements. As such, it relies increasingly on steel imports from other parts of the world. As per International Trade Administration in 2017, Indonesia was the tenth-largest steel importer globally, with a total of USD 1 billion spent on long steel products imports.
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Publish Date: May 06, 2026
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Long Steel Products Market Scope
Long Steel Products Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ArcelorMittal SA Depository Receipt | View profile | 126,756 | 24-26, Boulevard d’Avranches, Luxembourg, Luxembourg, L-1160 | www.arcelormittal.com |
| Jindal Stainless | View profile | 10001+ | New Delhi, Delhi, India, Asia | www.jindalstainless.com/ |
| Emirates Steel | View profile | 1001-5000 | Musaffah, Abu Dhabi, United Arab Emirates, Asia | www.emiratessteel.com/ |
| Arabian Gulf Steel Industries | View profile | 1001-5000 | Musaffah, Abu Dhabi, United Arab Emirates, Asia | www.agsi.ae/ |
| Hamriyah Steel | View profile | 101-250 | Hamriyah, Sharjah, United Arab Emirates, Asia | www.hamriyahsteel.ae |
| Rajhi Steel | View profile | 1001-5000 | Riyadh, Ar Riyad, Saudi Arabia, Asia | www.rajhisteel.com |
| Union Iron & Steel | View profile | 101-250 | Musaffah, Abu Dhabi, United Arab Emirates, Asia | www.uis-uae.com |
| Watania Steel | View profile | - | Al Kharj, Ar Riyad, Saudi Arabia, Asia | www.wataniasteel.com/ |
Indonesia Long Steel Products Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Long Steel Products Market Outlook will help companies and investors design strategic landscapes.
Rebars was the largest segment with a revenue share of 51.92% in 2023.
Horizon Databook has segmented the Indonesia long steel products market based on rebars, wire rods, sections, tubes covering the revenue growth of each sub-segment from 2018 to 2030.
The construction industry in Indonesia is flourishing. The demand for long steel products such as reinforcing bars (rebar) and wire rods is expected to surge in Indonesia in the coming years owing to infrastructure development projects related to housing, transportation, and energy generation being carried out in the country.
Despite the high demand for steel, Indonesia struggles to produce the necessary steel to cater to its domestic requirements. As such, it relies increasingly on steel imports from other parts of the world. As per International Trade Administration in 2017, Indonesia was the tenth-largest steel importer globally, with a total of USD 1 billion spent on long steel products imports.
- Indonesia Long Steel Products Market Product Outlook (Revenue, USD Million , 2018-2030)
- Rebars
- Wire Rods
- Sections
- Tubes
- Indonesia Long Steel Products Market End-Use Outlook (Revenue, USD Million , 2018-2030)
- Building & Construction
- Automotive & Aerospace
- Railways & Highways
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Indonesia Long Steel Products Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Indonesia Long Steel Products Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Indonesia Long Steel Products Market, 2018-2030 (US$M)
Indonesia long steel products market statistics, by product, 2018-2030 (Kilotons)
