07
Sep
08:19
Posco wants to add capacity in Indonesia
South Korea plans on increasing investment in Indonesia through PT Krakatau Posco, a joint venture with state-owned PT Krakatau Steel, according to local media. Posco seems surprisingly keen to stay in Indonesia considering the losses it has suffered there, Kallanish notes.
Kim Jhi Yong, president director of PT Inti Posco Indonesia, met on Tuesday with Indonesia’s industry minister Airlangga Hartano, and stated that Posco and PT Krakatau are env…
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Anonymous
Very good overview of the weekly steel market.
Anonymous