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PT Krakatau Steel: Fire’s Force Majeure Forges Fresh Fortunes for Full-Hard Steel
Krakatau Steel declared force majeure after a fire on July 19, 2026. The blaze disrupted full-hard cold rolled coil production at its Cilegon mill. The company still produces soft CRC and HRPO. It plans to cooperate with other domestic producers to maintain supply. Financial losses and repair timelines remain undisclosed.
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