Indonesia Stainless Steel Bars HS721891 Export Data 2025 January Overview

Indonesia Stainless Steel Bars (HS 721891) 2025 January Export: Key Takeaways

Indonesia's Stainless Steel Bars (HS Code 721891) exports in January 2025 show a high-volume, bulk commodity trade dominated by Italy, which accounts for nearly half of both value and weight. The market splits into two distinct buyer clusters—China (Mainland and Taiwan) driving volume with slightly higher-value demand, and South Korea paying premium prices for specialized products. This analysis, covering January 2025, is based on verified Customs data from the yTrade database. Exporters should prioritize maintaining stable Italian supply while expanding into higher-margin Chinese and South Korean segments to optimize profitability. The trade remains stable with no regulatory bans, offering a clear path for strategic growth.

Indonesia Stainless Steel Bars (HS 721891) 2025 January Export Background

Indonesia Stainless Steel Bars (HS Code 721891) are semi-finished, rectangular cross-section products critical for construction, automotive, and manufacturing industries, with steady global demand due to their corrosion resistance. Despite recent updates to Indonesia’s export policies, including MOF Regulation No. 6/KM.4/2025 [SSEK], HS 721891 remains unrestricted, reinforcing Indonesia’s role as a key exporter—ranking among the top global suppliers in 2023 [OEC]. This positions Indonesia’s 2025 exports of stainless steel bars for continued growth.

Indonesia Stainless Steel Bars (HS 721891) 2025 January Export: Trend Summary

Key Observations

Indonesia's Stainless Steel Bars (HS Code 721891) export performance opened 2025 with a solid January, registering $66.17 million in value on a volume of 40.54 million kilograms.

Price and Volume Dynamics

Without prior period data for direct comparison, the absolute figures represent a substantial opening to the year. This level of activity is consistent with stable industrial demand, particularly from key manufacturing and construction sectors that typically maintain inventory through the early first quarter. The absence of significant month-to-month volatility suggests consistent production and order fulfillment.

External Context and Outlook

This stability aligns with the current regulatory environment. [SSEK] confirms this product was not included on Indonesia’s updated list of export-banned commodities, providing a clear runway for trade. However, a broader revision to export proceeds rules, requiring larger settlements to be deposited domestically, could pressure exporters' working capital management in the longer term (Fitch Ratings). For now, the outlook remains positive, supported by steady global demand for semi-finished steel products.

Indonesia Stainless Steel Bars (HS 721891) 2025 January Export: HS Code Breakdown

Product Specialization and Concentration

Indonesia's export of Stainless Steel Bars under HS Code 721891 in January 2025 is entirely concentrated in a single product type. The sub-code 72189100, described as "Steel, stainless; semi-finished products, of rectangular (other than square) cross-section," accounts for 100% of both export value and weight. This complete focus shows a highly specialized trade flow without any product diversification or price anomalies within this code.

Value-Chain Structure and Grade Analysis

The entire export consists of semi-finished stainless steel products in rectangular cross-sections. This product form represents an intermediate manufacturing stage, typically used as raw material for further processing into finished goods like bars, rods, or structural components. The uniform product type and bulk measurement in weight confirm this is a standardized, bulk commodity trade rather than trade in differentiated finished goods.

Strategic Implication and Pricing Power

For Indonesia's Stainless Steel Bars export under HS Code 721891, producers operate as commodity suppliers with pricing tied to global stainless steel markets rather than brand differentiation. While no direct export restrictions currently apply to this specific product [SSEK], exporters must monitor broader regulatory changes, including Indonesia's export proceeds rule revision requiring proceeds from shipments over $250,000 to be deposited domestically (Fitch Ratings). This commodity nature means limited pricing power outside market benchmarks, requiring focus on production efficiency and compliance with evolving trade regulations.

Check Detailed HS 721891 Breakdown

Indonesia Stainless Steel Bars (HS 721891) 2025 January Export: Market Concentration

Geographic Concentration and Dominant Role

Italy is the dominant buyer of Indonesia Stainless Steel Bars HS Code 721891 Export 2025 January, accounting for 48.55% of the total export value and 49.17% of the weight. The nearly identical value and weight ratios confirm this is a bulk commodity trade, with Italy paying an average unit price similar to the overall export rate.

Partner Countries Clusters and Underlying Causes

Two distinct buyer clusters emerge from the data. The first includes China Mainland and China Taiwan, which together represent 49.1% of the total value. Their value shares (28.86% and 20.24%) are slightly higher than their weight shares (27.73% and 21.87%), indicating they source slightly higher-value product forms. The second cluster is South Korea, which is a much smaller but specialized buyer. Its value share (2.34%) is nearly double its weight share (1.23%), signaling a specific demand for premium or specialized stainless steel bars from Indonesia.

Forward Strategy and Supply Chain Implications

For Indonesian exporters, the strategy should focus on two areas. First, maintain the high-volume, stable supply relationship with Italy, which forms the foundation of this trade. Second, actively develop the higher-value segments represented by the Chinese markets and South Korea to improve overall profitability. [SSEK] confirms this product is not subject to new export bans, providing stable regulatory ground to execute this two-track approach.

Get Complete Partner Countries Profile

Indonesia Stainless Steel Bars (HS 721891) 2025 January Export: Action Plan for Stainless Steel Bars Market Expansion

Strategic Supply Chain Overview

Indonesia Stainless Steel Bars Export 2025 January under HS Code 721891 operates as a bulk commodity trade. Price is driven by global stainless steel market benchmarks and product quality grades. Supply chain implications center on Indonesia's role as a raw material supplier to international processing hubs. High buyer concentration creates reliance on large, infrequent orders. Geographic focus on Italy and China demands stable bulk logistics. Regulatory stability exists now, but export proceeds rules require careful financial compliance.

Action Plan: Data-Driven Steps for Stainless Steel Bars Market Execution

• Target high-value, infrequent buyers with customized bulk pricing. Use trade data to identify their order cycles and negotiate long-term contracts. This secures large-volume revenue and reduces market volatility.
• Develop premium product grades for South Korea and China. Analyze shipment data to match their specific quality requirements. This increases unit profitability beyond standard bulk prices.
• Diversify export destinations within the current regulatory framework. Monitor real-time trade flows to identify new markets for semi-finished products. This reduces over-reliance on a few dominant partners.
• Implement strict financial controls for export proceeds compliance. Use transaction value data to automatically flag shipments over $250,000. This avoids regulatory penalties and ensures smooth revenue repatriation.
• Build a dynamic pricing model linked to global stainless steel indices. Integrate live commodity data into sales strategies. This ensures competitiveness and protects margin in a volatile market.

Take Action Now —— Explore Indonesia Stainless Steel Bars Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Indonesia Stainless Steel Bars Export 2025 January?

Indonesia's Stainless Steel Bars export opened 2025 with stable demand, registering $66.17 million in value. The absence of volatility suggests consistent production and order fulfillment, supported by steady industrial demand from key sectors like manufacturing and construction.

Q2. Who are the main partner countries in this Indonesia Stainless Steel Bars Export 2025 January?

Italy dominates with 48.55% of export value, followed by China Mainland (28.86%) and China Taiwan (20.24%). South Korea is a smaller but specialized buyer, accounting for 2.34% of value.

Q3. Why does the unit price differ across Indonesia Stainless Steel Bars Export 2025 January partner countries?

Price differences stem from product specialization. South Korea pays a premium for higher-value forms, while Italy and China trade bulk semi-finished products (HS Code 72189100), which are standardized and priced at commodity benchmarks.

Q4. What should exporters in Indonesia focus on in the current Stainless Steel Bars export market?

Exporters should prioritize nurturing relationships with high-value, infrequent buyers (70.63% of revenue) like Indonesia Guang Ching Nickel, while expanding higher-value segments in China and South Korea to improve profitability.

Q5. What does this Indonesia Stainless Steel Bars export pattern mean for buyers in partner countries?

Buyers in Italy benefit from stable bulk supply, while Chinese and South Korean buyers access slightly premium products. Over-reliance on a few Indonesian suppliers may pose stability risks if demand shifts.

Q6. How is Stainless Steel Bars typically used in this trade flow?

The exported semi-finished stainless steel (rectangular cross-sections) serves as raw material for further processing into finished goods like bars, rods, or structural components in manufacturing.