Cookie & Privacy Policy

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. View the privacy policy to find out more here.
Latest prices

Latest news

06 Dec
12:04

Krakatau could increase Posco JV stake

Indonesia’s PT Krakatau could increase its stake in Krakatau Posco from 30% to 45% in the new year through a new share issuance, according to Krakatau Posco corporate secretary Agus Sutan. The troubled 3 million tonne/year slab and plate producer has recently managed to turn its first profit since being founded in 2010, Kallanish notes. Posco’s 70% stake in the Indonesian venture has been a consistent drag on its profits until this year. Days after c…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
EXISTING SUBSCRIBERS
Login to read article
– OR –
NOT A SUBSCRIBER
Signup for a Free Trial
(0)
Share article
Twitter X

Take a Free trial

Get daily steel news redirect to your inbox each day,
along with prices.