28
Jul
15:47
Krakatau, Posco to expand Indonesian joint venture plant
PT Krakatau Steel (PTKS) and Posco plan to raise the production capacity of a joint venture steelworks between the two companies over the next five years, Kallanish understands.
The Indonesian and South Korean steelmakers entered into a memorandum of understanding on Thursday to spend $3.5 billion to raise the capacity of PT Krakatau Posco to 10 million tonnes/year, comprising upstream and downstream steel products, PTKS says. &…
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Anonymous
Very good overview of the weekly steel market.
Anonymous