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PT Xinheng Metal Morowali

announced

PT Xinheng Metal Indonesia · Morowali Regency, Asia Pacific, Indonesia

GEM wiki

PT Xinheng Metal Morowali is a steel plant in Morowali Regency, Asia Pacific, Indonesia. Like nearly all modern plants, its steel is solidified by continuous casting. The plant has a crude steel capacity of about 2.0 million tonnes per year. Its main products are stainless.

Process Route

Steel other/unspecified

Timeline

Announced2025
Construction2026

Capacity (ttpa)

Crude Steel

2,000

Steel Products

stainless

Ownership

Owner PT Xinheng Metal Indonesia

Parent TSINGSHAN Holding Group Co Ltd [22.5%]; unknown [13.7%]; Shanghai Decent Investment (Group) Co Ltd [13.2%]; Zhejiang Qingshan Business Management Co Ltd [6.4%]; POSCO Holdings Inc

State ownership Partial

Country Context

Indonesia crude steel production (USGS). Plant line shows nominal capacity, not output.

Nearby Plants

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Plant data sourced from the Global Iron & Steel Tracker (March 2026), Global Energy Monitor. Licensed under CC BY 4.0.

Production data: USGS Minerals Yearbook — Raw Steel: World Production by Country or Locality (2019 edition; 2022 and 2023 early release tables). U.S. Geological Survey, public domain. EAF/BOF splits: USGS Minerals Yearbook (2023 estimates).