27
Jul
12:56
Krakatau targets August for HRC project
Indonesia’s PT Krakatau Steel says it will officially begin construction of its 1.5 million tonnes/year hot strip mill project in August. The plant has been delayed from an original start date in 2015 and commissioning is now expected in 2019, Kallanish notes.
The $428m project will take the company’s HRC capacity to around 3.9m t/y, allowing it to utilise its expanded steelmaking capacity and boost supply to joint ventures. Krakatau expects to commi…
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