Net revenue from steel product segment of Krakatau Steel FY 2020-2021
During the 2021 financial year, the net revenue from the steel product segment of PT Krakatau Steel amounted to 1.94 billion U.S. dollars, showing an increase of over 0.7 billion U.S. dollars from the previous year. Krakatau Steel is Indonesia's largest steel-producing company. It has been working together with Posco, the third-largest steel producer in the world, to increase their steel production. By 2027, both companies aim to produce ten million metric tons of steel in total.
