Indonesia Stainless Steel Semi-finished HS721891 Export Data 2025 September Overview

Indonesia Stainless Steel Semi-finished (HS 721891) 2025 September Export: Key Takeaways

Indonesia's stainless steel semi-finished exports (HS Code 721891) in September 2025 reveal a commodity-type product with consistent pricing (1.59 USD/kg), dominated by India as the top buyer (58.93% of value), highlighting high market concentration and supply chain reliance. The export partners cluster into major manufacturing hubs like India, Belgium, and China, reflecting bulk demand for raw materials. Buyers should monitor Indonesian trade policies to mitigate risks tied to this concentrated supply. This analysis, based on cleanly processed Customs data from the yTrade database, covers September 2025.

Indonesia Stainless Steel Semi-finished (HS 721891) 2025 September Export Background

Indonesia’s stainless steel semi-finished exports (HS Code 721891) are critical for global manufacturing, supplying rectangular cross-section products used in construction, automotive, and machinery. Despite Indonesia’s dominance as the world’s top stainless steel exporter [INASSDA], recent policy shifts under MOF Decree No. 6/KM.4/2025 could impact 2025 trade flows [SSEK]. September 2025 shipments hinge on balancing domestic priorities with sustained global demand for this high-value commodity.

Indonesia Stainless Steel Semi-finished (HS 721891) 2025 September Export: Trend Summary

Key Observations

In September 2025, Indonesia's export of Stainless steel semi-finished under HS Code 721891 reached $177.24 million in value with a volume of 113.33 million kg, marking a solid monthly performance.

Price and Volume Dynamics

The 2025 monthly data shows notable fluctuations, with a peak in May ($262.21M) followed by declines in June and July, before rebounding in August and September. The September figures represent a month-over-month increase from August, reflecting typical industrial cycles where mid-year dips often occur due to seasonal demand adjustments in manufacturing and construction sectors, followed by late-summer stock replenishment.

External Context and Outlook

Indonesia's export policies, including the March 2025 update to export-banned commodities [SSEK], likely contributed to this volatility by causing temporary trade disruptions. With Indonesia being a top global exporter of stainless steel (INASSDA), the outlook remains stable but sensitive to further regulatory changes, which could sustain price and volume swings.

Indonesia Stainless Steel Semi-finished (HS 721891) 2025 September Export: HS Code Breakdown

Product Specialization and Concentration

Indonesia's September 2025 export of stainless steel semi-finished products under HS Code 721891 is entirely concentrated in a single specialized sub-code: "Steel, stainless; semi-finished products, of rectangular (other than square) cross-section". This product accounts for the full export value of 177 million dollars and 113 thousand metric tons, with a unit price of 1.56 dollars per kilogram. The complete dominance of this single product form indicates a highly specialized export structure focused on a specific semi-finished material.

Value-Chain Structure and Grade Analysis

The export structure shows no diversification into other product grades or value-added forms within this HS code. All exports are bulk semi-finished rectangular cross-section products, indicating Indonesia is exporting at a consistent intermediate production stage. This uniformity suggests these exports function as standardized industrial inputs rather than differentiated finished goods, with pricing likely tied to commodity markets and production costs rather than brand or specification premiums.

Strategic Implication and Pricing Power

For Indonesia's stainless steel semi-finished exports under HS Code 721891, this concentration creates both strength and vulnerability. The country benefits from economies of scale in producing this specific semi-finished product, but has limited pricing power as these are bulk commodities subject to global market prices. Indonesia's position as a top global stainless steel exporter [INASSDA] suggests this specialization supports its competitive advantage, though exporters should monitor potential policy changes that could affect these bulk commodity exports.

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Indonesia Stainless Steel Semi-finished (HS 721891) 2025 September Export: Market Concentration

Geographic Concentration and Dominant Role

In September 2025, Indonesia's exports of stainless steel semi-finished products under HS Code 721891 are highly concentrated, with India dominating as the top destination, accounting for 58.93% of the export value and 57.89% of the weight. The close match between value and weight ratios indicates a commodity-type product with consistent pricing, around 1.59 USD per kilogram, suggesting bulk, standardized shipments rather than high-value differentiated goods. This concentration underscores Indonesia's role as a key supplier in the global stainless steel market for this period.

Partner Countries Clusters and Underlying Causes

The export partners form two clear clusters: high-volume destinations like India, Belgium, China Taiwan, and China Mainland, which together represent over 90% of the weight, likely due to their strong manufacturing sectors requiring raw materials for further processing. A second cluster includes Malaysia and South Korea with minimal shares, possibly reflecting smaller local demand or alternative sourcing routes. This pattern aligns with regional industrial needs, where major economies absorb bulk commodities for production chains.

Forward Strategy and Supply Chain Implications

For buyers, reliance on Indonesia as a top exporter, [INASSDA] confirms supply strength but also highlights vulnerability to policy shifts, such as potential export restrictions noted in [SSek]. Companies should diversify sources and monitor Indonesian trade regulations to mitigate risks and ensure stable supply chains for this essential commodity.

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Indonesia Stainless Steel Semi-finished (HS 721891) 2025 September Export: Action Plan for Stainless Steel Semi-finished Market Expansion

Strategic Supply Chain Overview

Indonesia's Stainless steel semi-finished Export under HS Code 721891 in 2025 September is a bulk commodity trade. Price is driven by global stainless steel indices and production costs, not product differentiation. Supply depends heavily on steady demand from large industrial buyers in key markets like India. This creates vulnerability to shifts in buyer demand or Indonesian export policy changes. Indonesia acts as a critical processing hub for raw materials, but its concentrated buyer and product base limits pricing power.

Action Plan: Data-Driven Steps for Stainless steel semi-finished Market Execution

• Track real-time shipment data for India and other top partners to anticipate demand swings and adjust production schedules, preventing oversupply or shortages.
• Analyze buyer frequency patterns to identify new potential clients in underrepresented regions, reducing reliance on a few large buyers and diversifying revenue streams.
• Monitor Indonesian trade policy announcements monthly using official sources to avoid disruptions from sudden export restrictions, ensuring supply chain continuity.
• Use HS Code 721891 transaction data to benchmark your pricing against global averages, securing fair margins in commodity negotiations.

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Frequently Asked Questions

Q1. What is driving the recent changes in Indonesia Stainless steel semi-finished Export 2025 September?

The September 2025 rebound follows mid-year declines due to seasonal demand shifts in manufacturing, with volatility partly tied to Indonesia’s export policy updates affecting commodity trade flows.

Q2. Who are the main partner countries in this Indonesia Stainless steel semi-finished Export 2025 September?

India dominates as the top destination (58.93% of export value), followed by Belgium, China Taiwan, and China Mainland, which collectively absorb over 90% of shipments.

Q3. Why does the unit price differ across Indonesia Stainless steel semi-finished Export 2025 September partner countries?

Pricing is uniform (~1.56 USD/kg) as exports are entirely concentrated in bulk semi-finished rectangular cross-section products, a standardized commodity with no grade diversification.

Q4. What should exporters in Indonesia focus on in the current Stainless steel semi-finished export market?

Exporters must prioritize relationships with dominant high-volume buyers (87.13% of value) while exploring niche segments to reduce reliance on a few major clients.

Q5. What does this Indonesia Stainless steel semi-finished export pattern mean for buyers in partner countries?

Buyers benefit from Indonesia’s stable bulk supply but face concentration risks; diversifying sources is advised to mitigate potential policy-driven disruptions.

Q6. How is Stainless steel semi-finished typically used in this trade flow?

The product serves as standardized industrial input for further processing, likely feeding manufacturing sectors like construction or machinery production.