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Article: HRC INDUSTRY ATTRACTIVE TO MANY PRIVATE INVESTORS
- Article from:
- Indonesian Commercial Newsletter
- Article date:
- March 25, 1991
CopyrightCOPYRIGHT 1991 P.T. Data Consult, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Hot Rolled Coil is the raw material for down-stream steel sheet industries such as pipe and channel-C industries. Up to now, the domestic industry of HRC has been dominated by PT Krakatau Steel (PT KS). Thus, the fulfilment of the domestic demand for HRC has been highly dependent on the production of this state enterprise. Currently, PT Krakatau Steel has an annual production capacity of 1 million tons of HRC and this figure is planned to be increased to 1.8 million tons by the end of 1991.
However, PT Krakatau Steel's leading position in the HRC industry is beginning to decrease with the opening of opportunities for the private sector to invest in the industry. ...