Krakatau Steel (Persero) Tbk (KRAS)

Overview

PT Krakatau Steel (Persero) Tbk, established in 1970, operates as a prolific steel producer and trader on both a domestic and international scale. The company involves itself in a comprehensive range of activities beyond just the production of steel, encompassing segments such as infrastructure facilities, engineering and construction, and a variety of other services. Its diversification into various related industries allows it to offer an integrated solution to its clientele, ranging from the provision of raw materials to engineering and infrastructural developments. Headquarters located in Cilegon, Indonesia, the firm stands out as a significant player in the steel industry with a robust foothold in various auxiliary services and sectors.

Products and Services

• Steel Products:

  The core of PT Krakatau Steel's business revolves around the production and sale of an extensive assortment of steel products. This includes sponge irons, slabs, billets, hot rolled coils (HRC), cold rolled coils, wire rods, various steel pipes, reinforcing bars, steel wires, and scraps. Furthermore, the company extends its reach into coating and tolling services linked with steel, ensuring a comprehensive service palette for its customers.

• Infrastructure Facility:

  This segment primarily offers port services which include berthing, the loading and unloading of goods and containers, alongside seaport support services. It also encompasses warehousing and transport services. The development and sale of industrial estates equipped with infrastructure, hotels, and sports facilities are covered here. Additionally, it provides electricity supply services, management and maintenance of power plants, and electrical workshops. Water treatment, supply services, and waste management for industrial clients further supplement this segment.

• Engineering and Construction:

  Involvement in constructing and engineering various types of buildings, including the planning and contracting aspects, marks this segment's expertise. PT Krakatau Steel also handles the export and import of goods, alongside offering related services and software solutions which are integral to the execution of large-scale engineering and construction projects.

• Other Services:

  Apart from its primary operations, the company provides a broad spectrum of services through this segment, which includes information technology services, production and reinforcement of plain bars, and manufacturing of sheet plates. It engages in steel trading activities and delves into oil, gas fuel, lubricants, and petrochemical trading. The coal and mining business, along with the generation and distribution of electricity, are crucial components as well. Furthermore, PT Krakatau Steel offers consulting services, machinery maintenance, fabrication, construction services, water treatment and distribution, freight logistics, and vehicle and equipment rental services, underscoring its diversified business model.