26
Nov
06:17
Posco targets Krakatau joint venture expansion
South Korea's Posco is expected to increase its investment in Krakatau Steel following the signing of the Comprehensive Economic Partnership Agreement (CEPA) between South Korea and Indonesia, Kallanish notes.
The two countries concluded seven-year negotiations on Monday and eventually signed CEPA. Indonesia will eliminate tariffs on some steel products and auto parts from South Korea (see Kallanish passim). In addition, Indonesia also hopes t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous