Krakatau Steel Plans 1.2 Million-Tonne Nickel Slab Project Worth Rp6.36 Trillion
A Krakatau Steel nickel slab plant is the state steelmaker's latest project: a downstream facility turning nickel into slab with capacity of 1.2 million tonnes a year. Investment is estimated at US$350 million, about Rp6.36 trillion, announced at the Danantara Technology Innovation Investment Forum 2026 in Jakarta.
Key Facts
- Krakatau Steel plans a nickel-to-slab downstream project with capacity of 1.2 million tonnes a year (2026-10-29, source: Kompas.com, 29 Oct 2026).
- Estimated investment is US$350 million, about Rp6.36 trillion at Rp18,180 per US dollar (2026-10-29, source: Kompas.com, 29 Oct 2026).
- The facility is projected to generate annual revenue of more than US$2 billion (2026-10-29, source: Kompas.com, 29 Oct 2026).
- The plan was presented at DTIIF 2026, held 26–28 October 2026 in Jakarta (2026-10-29, source: Kompas.com, 29 Oct 2026).
What the Krakatau Steel nickel slab project means
Krakatau Steel's director of infrastructure and operations Sidik Darusulistyo said the project aims to add value to processed nickel. Slab is a semi-finished product later rolled into plate or sheet. Construction timing and final product specifications have not been announced.
Context for construction steel buyers
- The project does not affect current rebar or light-steel prices; any effect comes only after the plant runs.
- The domestic steel market is still under import pressure; imports reached about 7 million tonnes by August 2026 (see related article).
- On projects, keep checking SNI marks and weight per metre of rebar on delivery.
Krakatau Steel nickel slab: related articles and products
- Steel imports reach 7 million tonnes by August 2026
- How to check SNI rebar: weight per metre
- Light steel prices per bar 2026
- homeX building materials catalog
FAQ
What is the capacity of the Krakatau Steel nickel slab project? 1.2 million tonnes of slab a year.
How much is the investment? About US$350 million, or Rp6.36 trillion at Rp18,180 per US dollar.
Will rebar prices fall right away? There is no sign of that; the project is still at the planning stage.
For building and renovation material needs, reach the homeX team through our contact page.
Sources: Kompas.com, 29 Oct 2026