Krakatau Steel for the first time since 2007, crossed the threshold of 200 thousand tons produced per month of hot rolled flat products. The largest Indonesian steel company announced that in October production hot rolled coil totaled 203 315 tons, a new production record.
"This shows that the process of restructuring and transformation Krakatau Steel showed a positive result. Almost all of the production is steel, which was ordered so the company could keep their inventory at an efficient level," said Director of Krakatau Steel Silmy Karim on Monday.
in addition, continued SELMI, the results also demonstrated a willingness to support the transformation process. In the spirit of continuous improvement, according to him, will reached new heights.
terms of increasing capacity, Krakatau Steel is currently engaged in the construction of the hot rolling mill No. 2, which in the 4th quarter of 2019 will begin to produce new products and reach its design capacity by the end of 2020.
"in the presence of these two mills the production capacity of hot rolled coils will increase to 3.9 million tons per year and can continue to grow to 6.4 million tons per year", - added Cilmi.
Metallurgical power plants for the production of hot-rolled coil in Indonesia already exceeds the market demand, so all the needs at HRC can be achieved on 100% of domestic production, said the head of Krakatau Steel.
