by Yohanes Obor | Aug 6, 2015 | Industries, News, Steel
JAKARTA (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 Daily reported this morning. Most the...
by Yohanes Obor | Jul 31, 2015 | Industries, News, Steel
JAKARTA (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 declined 26.9% to Rp488 billion from...
by Yohanes Obor | Jul 28, 2015 | Industries, News, Steel
JAKARTA (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 Growth Asia, unit of GSG, will partner...
by Yohanes Obor | May 26, 2015 | Industries, News, Steel
JAKARTA (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 producers, an incentives for domestic...
by Yohanes Obor | May 22, 2015 | Industries, News, Steel
BEKASI (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 for oil and gas sector located in Cilegon,...
by Yohanes Obor | Mar 26, 2015 | Industries, News, Steel
JAKARTA (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 from previous Rp1.4 trillion. While cost...
