STEEL BUSINESS
Steel Handshake

SIX men in dark jackets walked swiftly from the office of Minister of Industry M.S. Hidayat in Jalan Gatot Subroto, South Jakarta. Two of them were the President and Chief Investment Officer of Pohang Iron and Steel Company (Posco), Lee Dong-Hee; and the Vice President Sung Kwan-Baek. They did not say a word. They entered the lift, only giving a slight smile and a wave.

Fazwar Bujang, Managing Director of PT Krakatau Steel, who took part in the

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