by Yohanes Obor | Dec 24, 2013 | Industries, News, Steel
JAKARTA (Yosefardi) – State steel producer targets to hold 60% market share of steel industry in the country, helped by the operation of new entity, PT Krakatau Posco, which produce steel plate and slab. The operation of this entity was inaugurated on Monday...
by Yohanes Obor | Dec 16, 2013 | Industries, News, Steel
JAKARTA (Yosefardi) – State steel producer PT Krakatau Steel Tbk (KRAS) has secured loan of US$200 million from some foreign banks, facilitated by Sumitomo Mitsui Banking Corporation. The loan will be used to fund the steel plant project under cooperation with...
by Yohanes Obor | Nov 22, 2013 | Industries, News, Steel
BRUSSELS (Yosefardi) – World crude steel production for the 62 countries reporting to the World Steel Association (worldsteel) was 134 million tons (Mt) in October 2013, a 6.6% rise compared to October 2012. China’s crude steel production for October 2013 was...
by Yohanes Obor | Nov 17, 2013 | Industries, News, Steel
JAKARTA (Yosefardi) – PT Wijaya Karya Beton, unit of state construction firm PT Wijaya Karya Tbk (WIKA) had issued medium term notes (MTN) worth Rp366 billion, carrying coupon of 9.5%. The MTN was purchased by Bank Mandiri and BII Maybang. The funds will be used...
by Yohanes Obor | Nov 6, 2013 | Industries, News, Steel
JAKARTA (Yosefardi) – PT Steel Pipe Industry of Indonesia (Spindo) Tbk (ISSP) booked net profit of Rp143.42 billion in first nine months of this year, jumped 83% from Rp78.86 billion in the same period of last year. Sales and service revenues increased 4.8% to...
by Editor | Oct 25, 2013 | Industries, News, Steel
HONG KONG (Yosefardi) – Chongqing Iron & Steel Co Ltd, one of the largest steel producers in China, booked net loss of RMB1.7 billion in January-September 2013, extended 45% from the corresponding period of 2012 on squeezed margins. Chongqing reported sales...
