SMS group has completed the automation system upgrade of hot strip mill no. 1 at PT Krakatau Steel (Persero), Tbk. (PTKS) in Cilegon, Indonesia, marking a significant milestone with the production of the first sellable coil. This achievement underlined PTKS’s return to the Indonesian market as a producer of hot rolled coils following a lengthy …
The world’s largest steel miners face a difficult start to 2025, with production impacted by extreme weather conditions, while China, the largest buyer of the ore, prepares for a trade war. BHP Group, Rio Tinto Group, and Vale SA all announced lower quarterly shipments this week compared to last year, due to disruptions caused by …
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