FLASH: Dexin Steel Indonesia completes 1st phase capacity expansion

Dexin Steel Indonesia (Dexin Steel), a Chinese-invested steelworks in Indonesia's Morowali Industrial Park (IMIP) in Central Sulawesi province, saw the completion and commissioning of its first-phase capacity expansion project, the company announced in a WeChat post on September 19.

The completion of the project will take Dexin Steel's total steelmaking capacity to 7 million tonnes/year from the current 4 million t/y, becoming the largest Chinese-invested integrated steel mill in the overseas market and the largest carbon steel producer in Southeast Asia, Mysteel Global noted. Dexin Steel is a joint