04
Aug
11:19
Jindal Shadeed operations recover in July
Jindal Shadeed saw sales rise 6% on-year in July to 125,000 tonnes, while production grew 11% to 137,000t, Kallanish learns from Indian parent Jindal Steel & Power (JSPL).
JSPL agreed last month to sell its entire stake in Shadeed to Mauritius-based Templar Investments Limited, also part of the OP Jindal Group, for $1 billion (see Kallanish passim). The firm said then it expected the transaction to close in early August. JSPL said in May it was seeking a …
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Anonymous
Very good overview of the weekly steel market.
Anonymous