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Indonesia’s Krakatau Steel to Acquire Local Steel Companies

JAKARTA (TheInsiderStories) — To boost capacity production, state-owned steel maker PT Krakatau Steel Tbk (IDX: KRAS) aimed to acquire three local steel companies that...

Indonesia, South Korea Accelerates Cooperation and Investment

JAKARTA (TheInsiderStories) - Indonesia and South Korea have a potential to strengthen cooperation in the economic sector, especially increased investment in the manufacturing industry sector, said one...

Steel Production of Krakatau Posco Meets 10 MT Target

JAKARTA (TheInsiderStories) - PT Krakatau Posco, an integrated blast furnace steel mill owned by PT Krakatau Steel Tbk (IDX: KRAS) and South Korean steelmaker Posco Iron...

South Korean POSCO To Add $4 billion In New Investment

JAKARTA (TheInsiderStories) - South Korean construction firm Pohang Iron and Steel Co. (POSCO) plans for new investment of US$4 billion for second steel plant in...