17
Mar
00:00
Indonesia plans infrastructure boom
Indonesian steelmakers are hoping to benefit from a boom in infrastructure construction this year but remain fearful of imports, especially from China, according to local media reports. The government has cut IDR 230 trillion ($18 billion) from its budget and is pointing some of that at new roads, railways, power plants and bridges, Kallanish notes.
Indonesian state-owned infrastructure firms Wijaya Karya and Adhi Karya are expecting a 70% hike in contracts …
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Anonymous
Very good overview of the weekly steel market.
Anonymous