Melbourne (ANTARA News/Asia Pulse) - Australia's biggest steelmaker, BlueScope Steel Ltd (ASX:BSL), will reinvigorate expansion in Indonesia with a $US101 million ($A122 million) investment to complete the construction of a second metallic coating line at its Cilegon operation.
Located 100km west of the Indonesian capital, Jakarta, the new line will be dedicated to producing BlueScope's thin-gauge coil, used primarily in residential construction.
"This market continues to experience strong growth in both the residential and commercial building sectors," BlueScope president Indonesia and Malaysia Rob Crawford said.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.