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According to Indonesian trade statistics, Indonesia's hot-rolled coil (HRC) exports totaled 131,000 tonnes in February 2026; while this represented a sharp month-on-month decline of 60.2%, it still marked a 10.2% increase year-on-year. JIS G 3313 SE400 steel strip, Since September of last year, Indonesian HRC export volumes had consistently ranged between 250,000 and 400,000 tonnes, but they fell back to a lower level this month.
Regarding export destinations, key markets in February included Spain (45,000 tonnes, up 310% year-on-year), Italy (40,000 tonnes, down 43.6%), JIS G 3313 SE400 steel strip, Malaysia (20,000 tonnes, compared to zero in the same period last year), and Vietnam (12,000 tonnes, down 37.1%).
It is worth noting that exports to the EU market account for more than half of the total export volume. Looking ahead, the impact of the EU's Carbon Border Adjustment Mechanism will be closely monitored. JIS G 3313 SE400 steel strip, As importers are required to bear costs based on the carbon dioxide emissions associated with their imports, the price competitiveness of Indonesian hot-rolled coils in the EU market could be affected.
In terms of pricing, the average FOB export price for Indonesian hot-rolled coils in February was $528 per tonne, representing an increase of $40 year-on-year and $14 month-on-month.
