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12 Aug
08:30

Krakatau Steel maintains H1 profits as exports surge

Indonesian steelmaker Krakatau Steel’s operating profits came to $70.27 million with negligible growth in the first half of 2021. Its net revenues meanwhile surged by over 90% year-on-year to $1.06 billion, Kallanish learns from the firm’s consolidated financial report. The company’s steel export value soared by more than 17 times y-o-y to $129m in H1. The total volume of steel already exported and orders placed before September has reached 150,…
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