14
Jul
04:01
Indonesia's GRP advances with second-phase investment
Indonesian state-owned steel producer PT Gunung Raja Paksi Tbk (GRP) has signed the second-phase investment contract to increase production efficiency and expand market share, Kallanish notes. GRP has 2.8 million tonnes/year of steel capacity, mainly producing hot rolled coil.
The overall investment over two phases is $850 million, including $370m in funds disbursed for 2019-2021 under the first phase and $480m for 2021-2023 in the second phase. GRP…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous