ARTICLE

ISSP – Targeting high single-digit growth in 2025 Steel Pipe Industry of Indonesia (ISSP) is targeting high single-digit growth this year, supported by a strengthening domestic market and contributions to national infrastructure projects. ISSP observes that domestic steel demand remains stable, especially from the construction sector and government strategic projects. ISSP is also monitoring global industry developments, particularly the closure of two blast furnaces at British Steel in the UK, which symbolizes the transition towards more environmentally friendly production technologies, such as Electric Arc Furnaces. (Source : Kontan)