Posted on 08 Sep 2009
Indonesia, S.Korea's POSCO discuss steel project - official
S.Korea's POSCO to go ahead with Indonesian steel project –govt. South Korea's POSCO met with Indonesia's Industry Minister Fahmi Idris to discuss a $5 billion steel investment in the country, Ansari Bukhari, director general of metal and machinery at the ministry, said on Tuesday.
The investment would be through a planned joint venture with state-owned firm PT Krakatau Steel, he told reporters.
