Indonesia Investments has updated the company profile of Krakatau Steel, Indonesia's and Southeast Asia's largest steel producer. The company, which is for 80 percent government owned, has a crude steel production capacity of 2.45 million tons per year. However, through a lucrative joint venture with Posco, the world's third-largest steel producer, it will expand production capacity significantly in the years ahead. Besides steel production, the company has expanded into other industries.
Update COVID-19 in Indonesia: 4,223,094 confirmed infections, 142,413 deaths (06 October 2021)
26 October 2021 (closed)
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