Indonesia's Krakatau Steel eyes ramp-up to 4mln tpy for new hot strip mill

Indonesian state-owned steelmaker Krakatau Steel is aiming to increase the capacity of its new No2 hot strip mill to 4 million tonnes per year from 1.5 million tpy currently, it said on Tuesday September 21 at the mill's inauguration ceremony.

The No2 hot strip mill is aimed at supplying the automotive industry with substrate for the production of electric cars, reducing steel imports.

It expects its upcoming HRC supply to compete in the regional...

Published

Paul Lim

September 21, 2021

09:20 GMT

Singapore