JAKARTA (Yosefardi) – State steel producer PT Krakatau Steel Tbk (KRAS) had Wednesday (August 10) signed memorandum of understanding (MoU) to supply 50,000 tons of raw canai steel per year to PT Sunrise Steel.
Read MoreTOKYO (Yosefardi) – JFE Steel Corporation announced today that its wholly owned subsidiary PT JFE Steel Galvanizing Indonesia has begun operating a new continuous galvanizing line (CGL) to produce cold-rolled and hot-dip galvanized steel sheet for automobiles in the MM2100 Industrial Town estate in Bekasi, near Jakarta.
Read MoreSTOCKHOLM (Yosefardi) – Arkon Prima Indonesia (API), one of the leading and largest steel fabricators in Indonesia, has chosen IFS Applications™ 9 as its central, fully integrated ERP solution to power the company’s...
Read MoreJAKARTA (Yosefardi) – PT Steel Pipe Industry of Indonesia (Spindo) Tbk (ISSP) booked net profit of Rp116.4 billion in the first half of 2015, dropped 43% from the same period of 2014. Revenues grew by 7% to Rp1.77 trillion but...
Read MoreJAKARTA (Yosefardi) – State steel producer PT Krakatau Steel Tbk (KRAS) claims to produce 6,000 tons of steel per day or 3.9 million tons per year, to serve the growing demand. KRAS is managed to supply steel for materials...
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JAKARTA (Yosefardi) – State steel producer PT Krakatau Steel Tbk (KRAS) suffered loss of US$137.6...
Read MoreJAKARTA (Yosefardi) – Concrete producer PT Wijaya Karya (Wika) Beton Tbk (WTON) booked new contracts of Rp1.35 trillion in the first half of 2015, representing 35% of this year’s target of Rp4 trillion, Investor...
Read MoreJAKARTA (Yosefardi) – PT Gunawan Dianjaya Steel Tbk (GDST), a producer of hot-rolled steel plates, suffered loss of Rp58.48 billion in the first half of 2015, against profit Rp23.92 billion in the same period of 2014. Sales...
Read MoreJAKARTA (Yosefardi) – Growth Steel Group (GSG) plans to invest US$960 million to fund expansion of steel plants. GSG plans to build grinding ball plant in China this year and to build stainless steel plant next year. PT...
Read MoreJAKARTA (Yosefardi) – Government of Indonesia, through finance ministry, decided to hike import duty for steel (for most favorable nations) to 15% from current 0-15%. This decision aims to support and protect local steel...
Read MoreBEKASI (Yosefardi) – PT Bakrie Metal Industries plans to invest US$150 million, equivalent Rp1.97 trillion, for next 5 years, used to fund the development of its steel processing. It plans to add 5 production facilities...
Read MoreJAKARTA (Yosefardi) – PT Gunawan Dianjaya Steel Tbk (GDST), a producer of hot-rolled steel plates, suffered net loss of Rp13.93 billion in 2014, against profit Rp91.88 billion in 2013. Net sales declined 13.8% to Rp1.2 trillion...
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