Indonesia

Krakatau Steel eyes loan restructuring amid rising Chinese steel imports

Expansions / Changes admin - October 4, 2024 1

Indonesian steelmaker PT Krakatau Steel's efforts to restructure USD 1.5 bln in loans are highlighting the industry's challenges, according to Bloomberg. The state-owned company is...

PT Krakatau Steel and lenders in talks for USD 1.5 bln loan restructuring

Global Steel News admin - September 27, 2024 0

The Indonesian government aims to finalize a loan restructuring agreement next month between PT Krakatau Steel, the nation's largest steelmaker, and its lenders, as...

GRP secures USD 60 mln IFC loan to boost low-carbon steel production

Expansions / Changes admin - September 9, 2024 0

The International Finance Corporation (IFC) has announced a USD 60 mln loan to PT Gunung Raja Paksi Tbk (GRP), a leading Indonesian steel producer,...