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Jakarta Post
The Jakarta Post
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Krakatau Steel’s new venture worries Posco

  • Linda Yulisman

    The Jakarta Post

Jakarta | Fri, March 1 2013 | 10:56 am

PREMIUM The government has received a formal complaint from South Korean steel giant Pohang Iron and Steel Company (Posco) over its business partner PT Krakatau Steel’s (KRAS) recent deal to establish another steel joint venture with Japanese companies, a minister has said.

Industry Minister MS Hidayat confirmed in Jakarta on Thursday the South Korean company had protested the establishment of th...