07
Dec
06:51
Gunawan Dianjaya beats sales target but delays investment
Indonesian plate producer Gunawan Dianjaya says it had completed it sales target for the year by the end of November thanks to strong infrastructure orders. It is still pushing back commissioning of its capacity expansion however in order to safeguard cashflows, Kallanish notes.
Gunawan Dianjaya says its sales hit IDR 1.27 trillion ($90 million) over January-November, beating its target of IDR 1.228 trillion for the full year. Company director Hadi Sutjipto said…
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Very good overview of the weekly steel market.
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