Tag: Chinese HRC

  • POSCO, Indonesia Further Cuts MS Plate Offers to India

    POSCO, Indonesia Further Cuts MS Plate Offers to India

    POSCO, Indonesia has further reduced its offers to Indian market by USD 5-10/MT amid subdued demand and competitive offers from Chinese suppliers. PT. Krakatau Posco, a JV (Joint Venture) company between PT. Krakatau Steel Tbk.and POSCO Korea, has recently started its 1.5 MnT plate mill in Indonesia. The company’s MS plate (A36 or S250) offers…