POSCO, PT Krakatau Eye Major Indonesian Investment
07/28/2022 - POSCO and Indonesian joint-venture partner PT Krakatau Steel plan to invest US$3.5 billion in expanding capacity in the country, reports the Reuters news service.
According to Reuters, the companies plan to take capacity of KRAKATAU POSCO to 10 million metric tons annually for upstream and downstream products..
Reuters has more here.
