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30 Dec
09:10

PT Krakatau to expand HRC capacity in January

Indonesia’s PT Krakatau says it can delay its planned HRC expansion no longer and will begin construction by mid-January. It now expects to commission the new 1.5 million tonnes/year line in 2018, Kallanish notes. Krakatau is struggling to return to a profit but hopes that falling capex and the steady commissioning of several projects over the next three years will boost its fortunes. The new SMS Siemag-supplied HRC line will take its total HRC capacity to…
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