Indonesia aims to become one of the world's leading producers of stainless steel by increasing its production capacity from 3.5 million tons to 10 million tons by 2025. The country plans to invest $12 billion to build a new stainless steel plant in Morowali, Central Sulawesi. Indonesia has abundant nickel ore reserves and aims to leverage this resource to become a major player in the global stainless steel industry.
Full Article: https://en.antaranews.com/news/276945/indonesia-targets-ranking-among-worlds-top-stainless-steel-producer
March 29, 2023
