14
Apr
04:58
Krakatau Steel expects more sales in 2016
Indonesia’s Krakatau Steel expects a significant increase in steel sales in 2016, according to local media. Their forecast may imply that demand in the South East Asia steel market is growing, Kallanish notes.
Krakatau Steel expects to increase sales volumes from its main steelworks by 41% year-on-year to 2.7 million tonnes in 2016, says general manager Pak Sukandar. It is also targeting a 20% year-on-year increase in revenue to $1.58 billion, implying low…
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Anonymous
Very good overview of the weekly steel market.
Anonymous