BP and Tenaris sign tubular supply deal for Tangguh UCC project
BP and Tenaris have signed a four-year agreement for the supply of casing and tubing, including 13Cr steel grade tubulars, along with technical support...
PTKS modernizes hot strip mill at Cilegon plant
SMS group has successfully upgraded the automation system of Hot Strip Mill No. 1 at PT Krakatau Steel Persero (PTKS) in Cilegon, Indonesia, marking...
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...
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