PT Krakatau secures bigger portion in steel JV with POSCO 29/06/2010
The Jakarta Post reported that, after prolonged negotiations, state owned steel maker PT Krakatau Steel has finally secured a bigger portion of ownership in a JV with POSCO.
POSCO Increase 6% Steel Price 23/06/2010
SEOUL - Pohang Iron and Steel Company Ltd. (Posco) said it would raise steel product prices of about 6% as of July 2010. However, this increase cannot be cited to cover increased production costs from soaring raw material price increases.
