02
Jul
14:25
Jindal Shadeed production slumps in June quarter
Jindal Shadeed saw steel output slump -36% on-quarter in the June quarter to 360,000 tonnes, while sales fell -6% to 500,000t, Kallanish learns from Indian parent Jindal Steel & Power (JSPL).
JSPL said earlier this week it will sell its entire stake in its Oman-based long steelmaker subsidiary to Templar Investments Limited for $1 billion (see Kallanish passim). The Mauritius-based investment firm is part of the same OP Jindal Group that owns JSPL. The sa…
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Anonymous
Very good overview of the weekly steel market.
Anonymous