Indonesian steel maker PT Krakatau Steel announced that it will be in collaboration with Baowu Group Zhongnan for an equipment upgrade from the end of December to reactivate the blast furnace facility for billet production, which had not been used for several years. The reactivation will be divided into three phases.In the first phase, a new wire rod mill will be updated, with an annual production capacity of up to 600,000 tonnes.The second phase will be is carried out in parallel with the first phase, which will construct a new basic oxygen furnace and a billet casting facility with a capacity of 1.5 million tonnes per year.In the third phase, the blast furnace complex will be resumed for steel production, with an annual output of 2.2 million tonnes of billets.
Indonesian steel maker PT Krakatau Steel announced that it will be in collaboration with Baowu Group Zhongnan for an equipment upgrade from the end of December to reactivate the blast furnace facility for billet production, which had not been used for several years. The reactivation will be divided into three phases.In the first phase, a new wire rod mill will be updated, with an annual production capacity of up to 600,000 tonnes.The second phase will be is carried out in parallel with the first phase, which will construct a new basic oxygen furnace and a billet casting facility with a capacity of 1.5 million tonnes per year.In the third phase, the blast furnace complex will be resumed for steel production, with an annual output of 2.2 million tonnes of billets.