24
Sep
08:08
Gunung cooperates on steel projects with Chinese firm
Indonesian steelmaker Gunung Raja Paksi (GGRP) plans to cooperate with an unnamed major Chinese steel producer on steel processing projects, the company's management has revealed.
A cooperation agreement including at least seven potential steel projects will be signed in October this year and is expected to enter into force in 2020, Kallanish notes. GGRP will invest nearly IDR 10 trillion ($709.5 million) in the next f…
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Anonymous
Very good overview of the weekly steel market.
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