| Product Code: ETC360808 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Indonesia screw thread steel market, the import trend experienced a notable decline from 2023 to 2024, with a growth rate of -35.18%. However, the compound annual growth rate (CAGR) for the period 2020-2024 stood at a healthy 18.71%. This significant decrease in import momentum in 2024 could be attributed to shifts in demand dynamics or changes in trade policies impacting market stability.
The Indonesia Screw Thread Steel market is closely tied to the construction and manufacturing sectors. Screw thread steel, also known as rebar or reinforcing steel, is crucial in the construction of reinforced concrete structures. The country`s infrastructure projects and urban development are driving the demand for screw thread steel. Market players are focusing on product quality and compliance with industry standards to meet the stringent requirements of construction projects.
Screw thread steel is a crucial component in construction and manufacturing. The market is driven by ongoing construction projects, including residential, commercial, and industrial buildings. The need for reliable and durable steel products for structural purposes is a key driver. Infrastructure development, such as roads and bridges, also contributes to the demand for screw thread steel.
The screw thread steel market in Indonesia faces challenges related to price volatility in the steel industry, which can impact production costs and pricing strategies. Moreover, competition from alternative materials like composite materials or other types of steel can affect market share. Additionally, the industry must adapt to changing construction and infrastructure demands, which can require innovative product offerings and technologies.
The screw thread steel market was impacted as construction activities slowed down. The market`s recovery is closely tied to the resumption of infrastructure projects and construction demand.
The screw thread steel market is essential for construction and infrastructure development. Key players include PT. Ispat Bukit Baja, PT. Gunung Raja Paksi Tbk, and PT. Jakarta Cakra Steel Mills.