Thursday, March 6, 2025
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    Indonesia

    GRP expands into zero-carbon HRC production for EU market

    Gunung Raja Paksi Tbk (GRP), Indonesia's largest privately owned steelmaker, has signed a landmark deal with Primetals Technologies, becoming Asia's first steel plant outside...

    Krakatau Steel eyes loan restructuring amid rising Chinese steel imports

    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

    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

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

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