26
Jul
15:08
Indian duties hit JSL’s June-quarter export deliveries
Jindal Stainless (JSL)’s deliveries dropped 1% on-year to 235,530 tonnes in the fiscal quarter ended 30 June (FQ1), against 237,852t last year, Kallanish notes.
JSL says India’s 15% steel export duty has impacted 70-80% of its exports, consisting of specialised stainless steel products for various high-end applications like oil and gas, pharma, nuclear, and petrochemicals. The company fears this export duty will also hurt its existing overseas investme…
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Anonymous
Very good overview of the weekly steel market.
Anonymous