27
Oct
09:14
Delong may expand Indonesian steel capacity to 20mt
China Delong Steel Group plans to increase investment in Indonesia, lifting steel production capacity there to as much as 20 million tonnes/year. The Southeast Asian country produced a total of 6.4mt of crude steel in 2019, Kallanish notes.
Delong Group says it has signed a letter of intent for an expansion. It agreed with Indonesia's Coordinating Minister for Maritime and Investment Affairs, Luhut Pandjaitan, during a meeting in China's Yunnan provin…
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