Indonesia: Krakatau Steel Books Operating Losses in 9-Month Increase in Sales Volume

Mining News Pro - PT Krakatau Steel - Indonesia’s state-owned steel maker, booked operating losses of USD 10.70 million in January to September period this year, compared to USD 23.19 million operating profit due to higher raw material costs, despite higher sales, the company said in a report posted on its website.

Indonesia: Krakatau Steel Boosts Export Sales to Tap Strengthening Dollar

Mining News Pro - Krakatau Steel- Indonesia`s state-owned steel maker, has set targets of exports value of USD 100 Million for the full year of 2018, as the company is expanding its overseas markets, Bisnis Indonesia reported today, Sept. 24.

Krakatau Steel H1`18 Steel Sales Surge 24.4 % Y-o-Y

Mining News Pro - PT Krakatau Steel, Indonesia’s state-owned steel maker, sold 1.05 million tons of steel products in the first six months of this year, rising 24.4% from 841,101 tons in the same period last year, bolstered by strong sales of hot rolled coil, cold rolled coil and long products, the company said in a statement posted on its website.

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