【SMM Steel】Indonesia's Guixin Steel 1.8 Mt/y carbon steel project fully operational

Published: Apr 16, 2026 11:56

Save

【SMM Steel】On Apr 10, 2026, the Guixin Steel Indonesia project, a JV between Guangxi Guixin Steel Group and Tsingshan Holding Group, was fully commissioned at the Tsingshan Industrial Park in Central Sulawesi. The project involved converting a former nickel-iron BF into a 1,216m³ carbon steel BF. The facility includes a 210㎡ sinter plant, two 12㎡ shaft furnace pelletizing units, a 100T BOF, and full-process CC & HR lines. It will produce >1.8 Mt/y of quality steel billets/products. SMM understands it currently mainly produces slabs, with billets expected in August and HRC later. The capacity will fill regional carbon steel gaps and impact semi-finished/flat steel trade flows in SE Asia.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

3 hours ago

[SMM Iron & Steel] Marcegaglia Invests €1 Billion in New Low-Carbon Steel Mill in France

The Italian steel group Marcegaglia signed an agreement on April 15, 2026, with technology partner Danieli to construct a new steel mill in Fos-sur-Mer, France. Known as the "Mistral" project, the total investment is estimated at €1 billion, with the plant expected to produce over 2 million tons of steel annually via Electric Arc Furnace (EAF) technology and up to 3 million tons of hot-rolled coil (HRC). Utilizing scrap metal and low-carbon Direct Reduced Iron (DRI) powered by nuclear and renewable energy, the facility aims to reduce CO2 emissions by 80% compared to traditional blast furnace routes.

3 hours ago

Electric Furnace Production Resumptions and Cuts Coexist, Profitability Becomes Key Going Forward

3 hours ago

[SMM Analysis] Construction Steel Destocking Slows Down Amid Sluggish Demand

According to SMM statistics, both mill inventory and social inventory continued to destock, but the destocking pace was slower than the same period last year. Total construction steel inventory stood at 9.3687 million mt, down 301,000 mt WoW, or -3.11% WoW, indicating a slightly sluggish destocking pace.

3 hours ago