11
Jul
11:52
Krakatau Steel boosts production, profits
Indonesia's PT Krakatau Steel Tbk (KRAS) estimates its net profit to reach IDR 941.4 billion ($62.85 million) in the first half of 2022, an increase of 89.6% compared to the same period in 2021. By increasing production, KRAS was able to increase revenue by 29.8% to IDR 20.6 trillion in H1 2022, Kallanish learns from the company's public data.
Meanwhile, its steel production and sales rose by 10.2% and 10.5% on-year to 1.11 million…
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Anonymous
Very good overview of the weekly steel market.
Anonymous