Indonesian steel billet exports decreased

According to customs data, while Indonesia's steel billet exports were 264,715 tons in October 2022, it decreased by 4.6% m-o-m to 252,642 tons in November 2022. In November 2022, the Philippines hit the top among importers with 80,491 tons. In January-November 2022 period, the country's increasingly growing billet exports decreased by 24% y-o-y from 2.7 million to 2.1 million in a year.