Krakatau Steels Sales Jumps 44% YoY in January-July


Jakarta - PT Krakatau Steel Tbk as of July this year recorded sales of Rp17.7 trillion, an increase of 44.1% compared to the same period the previous year.

"The improvement in the company's performance continues even during the pandemic. Krakatau Steel was able to maintain its positive performance until July 2021, it managed to record sales of Rp 17.7 trillion, with a profit of Rp609 billion," said President Director of Krakatau Steel, Silmy Karim, in his statement on Wednesday (15/9).

According to Silmy, efforts to increase exports are part of the company's strategy to help sales performance of steel products during the pandemic.

Hot Rolled Coil and Hot Rolled Plate products are the main products of Krakatau Steel exported to various countries in Europe such as Portugal, Spain, Germany, Italy, Belgium, Malaysia, and Australia.

In addition, KS continues to implement sustainable efficiency. Until July 2021, the company reduced



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