21
Jun
10:59
Indonesia pressures KNSS to buy Krakatau steel
Indonesia’s Ministry of Industry says that it hopes PT Krakatau Nippon Steel Sumikin (KNSS) will eventually use coils from PT Krakatau Steel as substrate for its autosheet. That will require greater technology transfer between Krakatau and its Japanese partners however, Kallanish notes.
KNSS, 70% owned by Nippon Steel and Sumitomo Metal Corporation (NSSMC) and 30% by Krakatau, plans to commission a 480,000 tonnes/year galvanizing, annealing and processing …
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Anonymous
Very good overview of the weekly steel market.
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