[SMM Nickel Flash News] Indonesia Government Officially Releases New Export Controls on FeNi and NPI

Published: Jul 9, 2026 16:38

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Indonesia has strengthened oversight of its value-added nickel industry under Ministry of Finance Decree No. 32/MK/BC/2026, implementing Minister of Trade Regulation No. 17/2026. The regulation imposes stricter export controls on HS Code Ex. 7202.60.00, covering ferronickel (FeNi) ingots and lumps (≥8% Ni), Sponge FeNi and Nugget FeNi (≥4% Ni), and low-grade FeNi products (2% ≤ Ni < 4%, Fe ≥75%), including certain Nickel Pig Iron (NPI) products. Exporters must obtain mandatory Surveyor Reports (LS) and export authorizations, while from 1 January 2027, exports will generally be limited to state-owned export enterprises (BUMN Ekspor), subject to approved exemptions.

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