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13 Mar
09:11

Krakatau targets 2.7mt of steel output in 2017

Indonesia’s Krakatau Steel says it plans to boost output to 2.6 million-2.7 million tonnes of steel products in 2017. The state-owned steelmaker is likely to see volumes increase further going forward as it steadily commissions its expansion projects, Kallanish notes. The output target would be 16.6-21.1% higher than the company’s actual sales volume of 2.23mt in 2016. The company is commissioning a new 1.2 million tonne/year blast furnace …
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