22
Feb
07:06
Krakatau Steel supports steel supply for new capital
Indonesia's state-owned steel producer Krakatau Steel inaugurated its new representative office at Balikpapan's Grand City Palladium last week.
According to Purwono Widodo, director of Krakatau Steel, the establishment of the representative office is an important move for the Krakatau Steel Group to be able to support the infrastructure needs of the new national capital (IKN).
IKN's first phase steel demand is estimated at 1.5 million tonnes by 2…
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Very good overview of the weekly steel market.
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