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SAIL, Indonesian Firm to Explore JV for Stainless Steel Manufacturing

SAIL and Indonesia's PT Krakatau Steel to explore a joint venture for stainless steel manufacturing, enhancing India-Indonesia industrial partnership.

4 Articles

SAIL and Indonesia's PT Krakatau Steel to explore a joint venture for stainless steel manufacturing, enhancing India-Indonesia industrial partnership.

·Chennai, India
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City Reporter | Bokaro Several major decisions were announced at high-level meetings during Prime Minister Narendra Modi's visit to Indonesia from July 6th to 8th. Among these, Maharatna public sector company SAIL announced the signing of a Memorandum of Understanding (MoU) with Indonesia's leading steel company, PT Krakatau Steel, toward a potential joint venture (JV) for stainless steel slab production. The proposed partnership will leverage I…

·Bhopal, India
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The Hindu Business Line broke the news in Chennai, India on Wednesday, July 8, 2026.
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