Jindal Steel
Jindal Steel Starts First Galvanising Line in Odisha, Targets High-Value Steel Market
Recently, Jindal Steel & Power, headed by Naveen Jindal, has gone ahead and flagged off its first continuous galvanizing line at the integrated...
Jindal Steel and Power to Rebrand as ‘Jindal Steel’; Reports ₹304 Cr Q4 Loss
Jindal Steel and Power Ltd (JSPL) will get a radical brand transformation, stripping “Power” from the group name to place greater emphasis on...
Jindal Steel Raises Bid to €4 Billion for Italian Steelmaker
Indian steel giant Jindal Steel has submitted a revised offer to buy Italy’s ailing steelmaker for about €4 billion. The bid comprises €1 billion...
Trump’s Steel Tariffs Intensify India’s Case for Safeguard Duties
An announcement on the safeguard duty, which has been anticipated by the Indian steel industry, was widely expected in the first two weeks of...
Steel Giants Dominate 11th Round of India’s Commercial Coal Auction
As much as this comes as good news for the coal sector in India, there were 70 bids received from some of India’s...
Centre Mulls Review of Import Barriers as MSMEs Protest Steel Protectionist Measures
In a growing debate on the impact of import restrictions on various sectors, the Indian government may review the protective barriers that currently...
Steel Sector Outlook Positive: JPMorgan Sees Surge in Demand Post-Elections and Monsoon
Steel stocks were in the spotlight on December 11, following a positive outlook from global brokerage JPMorgan. The brokerage highlighted that although overall...
Leverage for Primary Steel Firms to Hit Five-Year High Amid Expansion: CRISIL
The net leverage of domestic primary steelmakers is expected to rise to a five-year high of over 3x this fiscal, driven by aggressive...
