02
May
14:02
JSL to increase capacity, establish Indonesia joint venture
Indian stainless steel major Jindal Stainless (JSL) has unveiled plans to invest INR 54 billion ($646.95 million) as part of a major expansion and acquisition strategy to help boost its melting and downstream capacities, notes Kallanish.
The company has formulated a three-pronged investment strategy which includes entering into a joint venture for setting up and operating an Indonesia-based stainless steel meltshop. It also wants to expand its own capacity in Jaj…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous