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Joint Venture for Manufacturing Stainless Steel Slabs in Indonesia

Sector: Steel • Location: Jakarta, Indonesia

Source: The Hans India

Project
Planned

Steel Authority of India Limited (SAIL) and Indonesia's PT Krakatau Steel have signed a Memorandum of Understanding to explore the possibility of setting up a joint venture for manufacturing stainless steel slabs in Indonesia. The collaboration aims to leverage Indonesia's rich nickel reserves and SAIL's steelmaking expertise to meet increasing demand in India and the ASEAN region, promote value a

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Project Information

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The project “Joint Venture for Manufacturing Stainless Steel Slabs in Indonesia” is an infrastructure initiative in the Steel sector, located in Jakarta, Indonesia. Taiyo aggregates data on it from The Hans India.

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Participants

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Status

Original status

planned

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Email

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Description

Description

Steel Authority of India Limited (SAIL) and Indonesia's PT Krakatau Steel have signed a Memorandum of Understanding to explore the possibility of setting up a joint venture for manufacturing stainless steel slabs in Indonesia. The collaboration aims to leverage Indonesia's rich nickel reserves and SAIL's steelmaking expertise to meet increasing demand in India and the ASEAN region, promote value addition to Indonesia's mineral resources, and foster technology exchange and industrial collaboration.

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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