Jakarta - PT Krakatau Steel Tbk continues the steel downstream program by launching the latest mild steel downstream product, namely CNP steel or C channel steel.

"Krakatau Steel's good quality Hot Rolled Coil (HRC) is the raw material for this CNP steel product," said Silmy Karim, President Director of Krakatau Steel, in his statement, Monday (11/10).

Silmy targets CNP's steel production to reach 200,000 rods per year, with potential product sales for the domestic market of Rp100 billion per year.

"Through this downstream program, we can also maximize the utilization of Krakatau Steel's HRC products to meet the needs of domestic steel products," he explained.

The uses of this CNP steel product include the needs of building construction as a roof truss, wall cladding, purlin, or architectural elements of the building's ceiling as a substitute for wood.

The target market for the company is the segme