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 venture between Delong Group, a privately-owned steel conglomerate in China, and Tsingshan Group, the world's largest stainless steel producer with plants in both China and Indonesia and the establisher of IMIP. With a total investment of $2.2 billion, Dexin Steel started construction in April 2018 and was put into production in March 2020, as Mysteel Global reported.

Written by Zhenqi Yang, yangzhenqi@mysteel.com

Edited by Alyssa Ren, rentingting@mysteel.com

Note: This article has been written in accordance with an article exchange agreement between Mysteel Global and SteelMint.