Saranacentral signs raw material supply contract with KS
Saturday, November 7 2015 - 12:39 PM WIB
IDX-listed manufacturer of downstream steel products PT Saranacentral Bajatama Tbk signed on Friday a long-term raw material supply agreement with IDX-listed steel maker PT Krakatau Steel Tbk (KS), Bisnis Indonesia reported Saturday.
President Director of Saranacentral Bajatama Handaya Susanto said under the agreement, KS will supply to the company cold roll coil (CRC) at a minimum volume of 5,000 tons per month.
He said that about 70-80 percent of the company's raw material requirement has come from KS.
No further details about the contract were provided.(*)