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03 May
07:22

Krakatau sales jump on higher HRC volumes

Indonesia’s state-owned Krakatau Steel saw its sales volumes soar in the first quarter of 2018 as it increased shipments to major customers. It is also attempting to widen its customer base for hot rolled coil ahead of commissioning its new hot strip mill in 2019, Kallanish notes. Krakatau saw its overall sales volume increase 24.27% year-on-year to 607,130 tonnes over January-March, reports Bisnis Indonesia. HRC drove the higher volumes, with sales up 42.…
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