30
Jul
07:10
Krakatau Steel signals plan to list subsidiaries
According to the Jakarta Post, Indonesia's state-owned steel producer PT Krakatau Steel plans to publicly list three subsidiaries, PT Krakatau Tirta Industri, PT Krakatau Bandar Samudera and PT Industrial Estate. This will be carried out over the next three years. The problem that the company is facing now is the need for a fundamental reform, Indonesian Vice President Jusuf Kalla said.
Silmy Karim, president of Krakatau Steel, said that it ha…
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Very good overview of the weekly steel market.
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