by Yohanes Obor | Aug 19, 2013 | Industries, News, Steel
JAKARTA (Yosefardi) – PT Steel Pipe Industry of Indonesia (Spindo) Tbk (ISSP) booked net profit of Rp138.19 billion in first half of this year, jumped 86% from Rp74.57 billion in the same period of last year. Sales and revenues declined to Rp1.54 trillion from...
by Editor | Aug 4, 2013 | Industries, News, Steel
JAKARTA (Yosefardi) – State owned steel producer PT Krakatau Steel (KRAS) Tbk has signed amendment of contract with MCC-CERI and PT Krakatau Engineering related to its blast furnace project. Under the amended contract, production capacity of the coke oven plant...
by Yohanes Obor | Jul 24, 2013 | Industries, News, Steel
Brussels (Yosefardi) – World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 132 million tons (Mt) in June 2013, an increase of 1.9% compared to June 2012. World crude steel production in the first six months...
by Editor | Jun 21, 2013 | Industries, News, Steel
JAKARTA (Yosefardi) – PT Jakarta Kyoei Steel Works (JKSW) Tbk has yet to convert Rp638 billion of debts into equity. JKSW plans to convert its debts to Abasca Financial Ltd (Singapore) into equity. “The debt to equity conversion has yet to be implemented,...
by Editor | Jun 20, 2013 | Industries, News, Steel
BRUSSELS (Yosefardi) – World crude steel production for 63 countries reporting to the World Steel Association grew 2.6% to 136 million tons last month. China, the world’s largest producer, contributed 67 million tons or 7.3% above May 2012. Japan, second...
by Editor | Jun 6, 2013 | Industries, News, Steel
HONG KONG (Yosefardi) – Chongqing Iron & Steel Co Ltd, one of major steel producers in the region, produced 418,675 tons of steel last month, down 6% from May 2012. Chongqing, however, produced 2.3 million tons in five months of 2013, representing an 11.7%...
