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Nippon Steel Krakatau Steel Plant Ready for Operation August 7, 2018
NEWS - Samuel Pablo, CNBC Indonesia
28 May 2018 18:18
Jakarta, CNBC Indonesia - The steel factory of PT Krakatau Nippon Steel Sumikin (KNSS), which was built since mid-2015, is planned to be inaugurated on August 7, 2018 after being postponed several times.
"Yes it is still in the testing phase plant ( commissioning ). So we had just invited the Minister to attend the opening ceremony on August 7," said Director of Human Resources and General Affairs KNSS, Djoko Muljono after a meeting with the Minister of Industry in his office on Monday (28 / 5/2018).
The factory with a production capacity of 480,000 tons is planned to operate in stages in accordance with the demands of the domestic automotive market.
For information, the KNSS produces zinc-coated steel plates (galvanized steel) and white steel plates (cold rolled steel) for the automotive industry as a raw material for making car frames.
Djoko revealed that his party had signed a shipping contract with several automotive APM (agent brand holders) in the country. However, he has not been able to reveal the details.
"Thank God, some ATPMs are willing to use our steel. We hope that in two years we will be able to operate full capacity. This year it may be around 30%, depending on ATPM demand," he said.
Djoko is optimistic that the steel market for automotive will remain stable and unaffected by the potential trade war between the US and China due to the application of high import tariffs by the US. He also cited the use of steel production in the automotive sector.
"Automotive is stable, unlike commodities for construction or other steel. Generally steel is used for vehicle body, then the components if the factory asks for corrosion, they use coated or galvanized," he explained.
Meanwhile, Director General of Metal, Machinery, Transportation Equipment and Electronics (ILMATE) Harjanto revealed that there were three schemes for fulfilling raw materials for KNSS, namely steel imported directly by Nippon Steel, through a galvanizing process in Krakatau Steel first, and later the steel produced by Krakatau Steel has gone through the blast furnace process.
"At present the dominant raw material is from Nippon Steel. But because they are using the rolling mill facilities of Krakatau Steel, the ultimate goal will be the fulfillment of direct raw materials from Krakatau Steel," said Harjanto. (ray / ray)
https://www.cnbcindonesia.com/news/...atau-nippon-steel-siap-operasi-7-agustus-2018
NEWS - Samuel Pablo, CNBC Indonesia
28 May 2018 18:18
Jakarta, CNBC Indonesia - The steel factory of PT Krakatau Nippon Steel Sumikin (KNSS), which was built since mid-2015, is planned to be inaugurated on August 7, 2018 after being postponed several times.
"Yes it is still in the testing phase plant ( commissioning ). So we had just invited the Minister to attend the opening ceremony on August 7," said Director of Human Resources and General Affairs KNSS, Djoko Muljono after a meeting with the Minister of Industry in his office on Monday (28 / 5/2018).
The factory with a production capacity of 480,000 tons is planned to operate in stages in accordance with the demands of the domestic automotive market.
For information, the KNSS produces zinc-coated steel plates (galvanized steel) and white steel plates (cold rolled steel) for the automotive industry as a raw material for making car frames.
Djoko revealed that his party had signed a shipping contract with several automotive APM (agent brand holders) in the country. However, he has not been able to reveal the details.
"Thank God, some ATPMs are willing to use our steel. We hope that in two years we will be able to operate full capacity. This year it may be around 30%, depending on ATPM demand," he said.
Djoko is optimistic that the steel market for automotive will remain stable and unaffected by the potential trade war between the US and China due to the application of high import tariffs by the US. He also cited the use of steel production in the automotive sector.
"Automotive is stable, unlike commodities for construction or other steel. Generally steel is used for vehicle body, then the components if the factory asks for corrosion, they use coated or galvanized," he explained.
Meanwhile, Director General of Metal, Machinery, Transportation Equipment and Electronics (ILMATE) Harjanto revealed that there were three schemes for fulfilling raw materials for KNSS, namely steel imported directly by Nippon Steel, through a galvanizing process in Krakatau Steel first, and later the steel produced by Krakatau Steel has gone through the blast furnace process.
"At present the dominant raw material is from Nippon Steel. But because they are using the rolling mill facilities of Krakatau Steel, the ultimate goal will be the fulfillment of direct raw materials from Krakatau Steel," said Harjanto. (ray / ray)
https://www.cnbcindonesia.com/news/...atau-nippon-steel-siap-operasi-7-agustus-2018