24
Nov
08:53
Indonesia's Krakatau targets longs, flats expansions through JVs
Indonesian state-owned steel producer PT Krakatau Steel (PTKS) plans to finalise details to reactivate operations at its mothballed blast furnace complex in the next few months.
The Cilegon-based steelmaker aims to finalise its agreement with Chinese partner Baowu's subsidiary, Zhongnan Steel, by year-end or during the first quarter of 2024, president director Purwono Widodo tells Kallanish.
PTKS has entered into an MoU with Zhongnan Steel, which will see th…
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Anonymous
Very good overview of the weekly steel market.
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