14
Feb
15:30
Krakatau blast furnace provokes shouting match
A hearing at Indonesia’s House of Representatives on Monday saw a war of words between Krakatau Steel president director Silmy Karim and opposition lawmaker Bambang Haryadi. Karim was expelled from the hearing after a heated exchange of views, Kallanish notes.
The argument started with discussion of Krakatau Steel’s blast furnace project. The company spent around $850 million on building its blast furnace, but the project was severely delayed and never…
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Anonymous
Very good overview of the weekly steel market.
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