Asset Report
Cilegon (BOF) steel plant
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The POSCO PT Krakatau JV was established in August 2010 to build an integrated steel plant next to PT Krakatau’s existing Cilegon steel plant. The new Cilegon-Banten plant began production in 2014 and can produce 3.0 Mtpa of crude steel. The plant has improved the stability of its operations since 2021, after reporting weak results for several years, including operating losses as recently as 2020. The company enhanced the operating efficiency of its blast furnace, reducing the cost of production, with help from its parent POSCO. The introduction of HRC products in 2022 also helped to stabilize profitability, compared with when the company sold slabs. This report provides a comprehensive asset summary of the steel plant, including an operational overview, cost and production metrics.
Table of contents
- Summary
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Key issues
- Participation
- Steel plant overview
- Key raw materials rates
- Iron ore
- Coal
- Metallics
- Energy
- Capital costs
- Operating cash costs
Tables and charts
This report includes the following images and tables:
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Detailed mapFinished steel production
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Production table (Mt)Capital costsTotal operating cash costs: Finished steelOperating cash cost table
What's included
This report contains:
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