Wednesday, 20 November 2024

Focus on Gunung Raja Paksi (GRP)

PT Gunung Raja Paksi Tbk (GRP) is a member of Gunung Steel Group, one of the largest private steel companies in Indonesia. Established in 1970 in Medan, North Sumatra, the company started the business by producing hot steel, gradually producing beams and steel sheets. In 1991, PT Gunung Naga Mas transitioned to PT Gunung Raja Paksi (GRP). GRP is located in Cikarang Barat, West Java Province, Indonesia, covering more than 200 hectares.

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World Bank’s IFC signs green financing deal with Indonesia steel mill

Money for electric arc furnace technology could help steelmaker decarbonise and compete in markets looking for green steel.

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