State-owned steel producer Krakatau Steel (KRAS) suffered loss of US$180.7 million in 2016, narrowed from loss US$326.5 million in 2015, as its operating turned to profit (US$4.39 million), from loss US$183.5 million in 2015. KRAS also reported lower loss from associates and ventures entities, to US$60.6 million loss, compared to US$112.3 million loss in 2015.To subscribe please click here