In recent years, overcapacity has been plaguing domestic steel enterprises. In a certain year, Baosteel pioneered the establishment of overseas factories, after which steel companies have accelerated their "going global" pace, outlining a roadmap for Chinese steel enterprises to expand abroad.

As a strategic cooperative country under the Belt and Road Initiative and the most populous member state of ASEAN, Indonesia is emerging as one of the best choices for Chinese steel enterprises to expand overseas. Currently, several Chinese steel companies have already established operations in Indonesia.

• Guangxi Guixin Iron and Steel Co., Ltd. builds a new 10,000-ton ultra-special steel production line in Qingshan Industrial Park, Indonesia
• Qingshan Group builds steel mills with a capacity of 10,000 tons in Indonesia
• Delong Group to build Southeast Asia's largest steel mill in Indonesia, with an expected production capacity of millions of tons;
• Indonesia Delong Industrial Park Phase III Project Completed Signing, Construction of Nickel-Iron Production Line with Annual Output of 10,000 Tons;
• Nanjing Iron and Steel builds factory in Indonesia, with annual production capacity of one million tons for steel and coking.
• Taishan Steel's first phase in Indonesia, consisting of four nickel pig iron production lines, has been fully constructed and put into operation.
• Xingzhu Pipe Co., Ltd. and Indonesia's Harita Group have jointly established a company.
• Several Chinese steel companies, including Shanxi Jianbang, have established factories in Indonesia...

A new 10,000-ton special steel production line has been established in the Indonesian Qingshan Industrial Park of Guangxi Guixin Steel.

Guangxi Guixin Iron and Steel Group Co., Ltd. will build a new 10,000-ton special steel production line in the Indonesia Qingtu Industrial Park. The project site is located in the China-Indonesia Comprehensive Industrial Park Qingtu Park, Morowali County, Central Sulawesi Province, Indonesia, with a total investment of . million yuan. The construction content includes the establishment of a / lime kiln, a pig iron production line, and iron ladle cars, as well as supporting public auxiliary facilities, to provide qualified continuous casting billets for subsequent rolling lines and achieve hot delivery. Upon completion, the project will produce 1 million tons of molten steel, 1 million tons of billets, and 1 million tons of steel products annually. The project is planned to complete project approval and approval by the end of the year, complete preliminary preparations such as project design and construction bidding by the end of the month, complete site handover by the end of the month, start construction in January of the following year, and complete construction, installation, commissioning, and hot testing from January to January of the following year, with project completion and acceptance in January of the following year.

Qingshan Group is constructing a steel mill with a capacity of 10,000 tons in Indonesia.

The third 10,000-ton stainless steel smelting project of Tsingshan in Indonesia has recently commenced operations, bringing the local stainless steel smelting capacity of Tsingshan in Indonesia to 10,000 tons. Currently, Tsingshan is also advancing a 10,000-ton general carbon steel project in collaboration with Delong in Indonesia. Once this project is completed, the Tsingshan Indonesia base will have a steel smelting capacity of 10,000 tons, covering both stainless steel and carbon steel, which will be on par with domestic production capacity.

Derong Group is constructing the largest steel mill in Southeast Asia in Indonesia, with an expected production capacity of 10 million tons.

Delong's key overseas project, the Indonesia Dexin project, has made progress and achieved full-line production in month and year. In month and year, Delong and the Indonesian government signed a letter of intent to gradually expand the annual production capacity of the Indonesia Dexin Steel project to 10 million tons per year.

The signing of the third phase project of the Indonesia Delong Industrial Park has been completed, with the construction of a nickel pig iron production line with an annual output of 10,000 tons.

The Indonesia Delong Industrial Park, located on the island of Sulawesi in Indonesia, is the first overseas nickel-iron and stainless steel industrial park established by Jiangsu Delong Nickel Industry. Both its first and second phase projects have been included in the key project library of the China-Indonesia joint construction of the Belt and Road Initiative and Indonesia's national strategic projects. The third phase project plans to build a nickel-iron production line with an annual output of 10,000 tons, utilizing the most advanced nickel-iron production technology in the world, and is equipped with auxiliary facilities such as a self-owned power plant and a wharf. Indonesian President Joko Widodo was invited to inaugurate the project's production and signed his name on the commemorative plaque for the first furnace of nickel-iron.

Nanjing Steel constructs a factory in Indonesia, with an annual production capacity of one million tons each for steel and coking.

Nangang股份于某月某日发布了关于2023年第三季度业绩说明会召开情况的公告，其中提到海外印尼焦炭项目的进展：截至2023年三季度末，公司印尼金瑞年产260万吨焦炭项目，四座焦炉已全部投入运行；印尼金祥390万吨焦炭项目，#1-#4焦炉已转入试生产阶段，其余#5、#6焦炉及其配套设施正在按计划推进施工。2023年某月，印尼金瑞新能源焦炭销量为16.88万吨，实现营业收入4.84亿元、净利润0.34亿元；印尼金祥新能源焦炭销售13.20万吨，实现营业收入3.79亿元、净利润-0.15亿元。

Taishan Steel currently has all four nickel pig iron production lines of its first phase in Indonesia fully constructed and operational.

Shandong Taishan Iron and Steel Group Co., Ltd. will accelerate the optimization of the industrial chain layout through "chain building, extension, supplementation, and strengthening," aiming to achieve over 10 billion yuan in park revenue by the year -. Shandong Iron and Steel actively integrates into the major industrial layouts of the province and city, adhering to the principles of "unified planning, rational layout, focusing on key areas, and park-style management." It implements divisions for stainless steel production, high-quality steel production, stainless steel product deep processing and railway logistics, new materials industry, and new energy (hydrogen energy) industry. Simultaneously, it constructs supporting facilities such as a comprehensive service center, a stainless steel research institute, and a new materials research and development center, striving to build the "Taishan Stainless" brand. The company accelerates the optimization of the industrial chain layout through "chain building, extension, supplementation, and strengthening" from three aspects, aiming to achieve over 10 billion yuan in park revenue by the year -.

Xingzhu Pipe Co., Ltd. has formed a joint venture with the Indonesian Halida Group.

Xinxing Ductile Iron Pipes Co., Ltd., a core enterprise of Xinxing Cathay International Group, has formed a joint venture with Indonesia's Harita Group. The company is investing in the construction of a nickel pig iron project with an annual production capacity of 10,000 tons, which officially commenced construction on a certain date. The Obi Island (OBI) nickel pig iron project in Indonesia is a collaborative investment by Xinxing Ductile Iron Pipes (China), a Singapore company, and PT. Harita Mining, Indonesia. The project is located on Obi Island, North Maluku Province, Indonesia, and the first phase, consisting of several production lines, has been successfully commissioned and is operational as scheduled. Subsequent phases will add an additional capacity of 10,000 tons.