Jakarta, ID
Monday, May 28 2012, 21:50 PM

Business

Steeling themselves

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JP/Ricky YudhistiraJP/Ricky Yudhistira

A worker prepares rebar on a construction site on Jl. Latumeten in West Jakarta, on Friday. Property developers predict that an electricity rate hike in July will drive up construction costs.
Meanwhile, steel prices have already gone up.