Tata Steel Production Grows 19%

Tata Steel Production Grows 19%

JAMSHEDPUR (Yosefardi) – Tata Steel registered Hot Metal production of 2.46 million tons in second quarter (Q2) of this year, up by 19% y-o-y and 4.93 million tons in first half (H1), up by 20% y-o-y). Crude steel production was 2.29 million tons in Q2 (up by...

Betonjaya’s First Half Profit Falls 34.6%

JAKARTA (Yosefardi) – Iron and steel producer PT Betonjaya Manunggal (BTON) Tbk booked net profit of Rp9 billion in the first half ended June 30, 2013, dropped by 34.6% from the corresponding period of 2012. Betonjaya generated sales revenue of Rp58.9 billion in...
Krakatau Steel Swings to Profit in First Half

Krakatau Steel Swings to Profit in First Half

JAKARTA (Yosefardi) – State-owned steel producer PT Krakatau Steel (KRAS) Tbk booked net profit of US$10.6 million in the first half ended June 30, 2013, against net loss of US$9.8 million in the corresponding period of 2012. Krakatau Steel generated sales...