Batu Licin cluster to be built in the next two years Batu Licin cluster to be built in the next two years
Bisnis Indonesia, 18 Apr | Monitoring

The development of new steel cluster in Batu Licin, South Kalimantan is projected to be kicked off in the next 2 years. Industry Minister Airlangga Hartarto said the new steel…

KRAS subsidiary ready for IPO this year KRAS subsidiary ready for IPO this year
Bisnis Indonesia, 18 Apr | Monitoring

PT Krakatau Bandar Samudera has been approved with its shareholders to conduct initial public offering (IPO) in November 2018. Krakatau Bandar Samudera president director Tonno Sapoetro said the corporate action…

Our industry gets advantage Our industry gets advantage
Rakyat Merdeka, 18 Apr | Monitoring

The trade war between US-China has raised Indonesia’s export activity. The Indonesian Iron and Steel Industry Association (IISIA) executive director Hidayat Triseputro predicts the export increase is possibly caused by…

Steel export surges 1,500% Steel export surges 1,500%
Bisnis Indonesia, 17 Apr | Monitoring

The performance of iron and steel exports to the United State surged more than 1,500% in March. The condition is possibly caused by President Donald Trump’s policy to restrict Chinese…

RI exporters take advantage from US-China trade war RI exporters take advantage from US-China trade war
Kontan, 17 Apr | Monitoring

Iron and Steel exports and imports jumped in the first quarter of 2018. The Indonesian Iron and Steel Industry Association (IISIA) assesses the transaction increase is caused by US-China trade…

Not all manufacturers satisfied Not all manufacturers satisfied
Bisnis Indonesia, 10 Apr | Monitoring

Antidumping duty (BMAD) imposition on Chinese steel wire rod is feared to disturb domestic downstream industry. The Indonesian Steel Wire Products Association (Gipkabi) will take several actions as a response…

Generates profit from gas pipe networks Generates profit from gas pipe networks
Kontan, 10 Apr | Monitoring

National gas network projects still become big hopes for domestic pipe manufacturers. PT KHI Pipe Industries for instance, which books a significant business growth in the sector. “Compared to construction…

Krakatau Steel targets to gain Rp 91b from efficiency Krakatau Steel targets to gain Rp 91b from efficiency
Rakyat Merdeka, 09 Apr | Monitoring

PT Krakatau Steel (Persero) Tbk. continues efficiency program as part of company’s strategies to boost profit. The company targets to gain US$7 million (Rp 91 billion) efficiency from logistic procurement…

Strengthens domestic steel industry Strengthens domestic steel industry
Kontan, 09 Apr | Monitoring

Domestic steel industry is still worried. The massive of government’s infrastructure projects are not significantly absorbed local steel market. The Indonesian Iron and Steel Industry Association (IISIA) head of cluster…

KHI Pipe Industries eyes gas pipe projects KHI Pipe Industries eyes gas pipe projects
Kontan, 09 Apr | Monitoring

PT KHI Pipe Industries is eyeing national natural gas pipe projects. The subsidiary of PT Krakatau Steel (Persero) Tbk. hopes on government’s realization in giving opportunity for domestic steel pipe…

Restrains steel flood in the market Restrains steel flood in the market
Bisnis Indonesia, 09 Apr | Monitoring

There is good news for domestic steel industry. The government finally imposes antidumping duty (BMAD) on Chinese steel wire rods after the products are proven to harm domestic industry. The…

There’s still a gap for post tariff manipulation There’s still a gap for post tariff manipulation
Bisnis Indonesia, 09 Apr | Monitoring

Imported steel wire rods from China are finally imposed with antidumping duty of 10.2%-13.5%, following the proof that the products conducting dumping practices and harms local industry. The regulation is…