INDONESIA: Toyota Astra set to buy local steel
Toyota Astra Motor is to buy steel products from Krakatau Steel for the production of its Kijang utility vehicle. Astra will purchase 160 tons of steel per month to manufacture Indonesia's best-selling model. The deal is worth Rp480 million ($US51,335) each month to Krakatau, Indonesia's only integrated steel producer, based in Cilegon, West Java.
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