National steel and iron export jumped 94% to US$3.62 billion (Rp52.17 trillion) in Jan-Aug 2018 period, from US$1.86 billion in the same period of last year. Local steel producers opt to boost export as domestic economy is slowing down. Otherwise import of steel and iron also rose 32.68% to US$6.38 billion in Jan-Aug 2018 period, from US$4.81 billion in the same period of 2017.