Krakatau Steel is commemorating its 32^nd anniversary next week, but no one is celebrating. This state-owned steel plant in Cilegon, Banten, is entangled in a serious financial problem: it has incurred losses of about Rp300billion. Consequently, there will be a total shake-up of Krakatau's executive board, though its term of office doesn't expire until July 2003. "The executive board replacement will be expedited," said one Krakatau