19
Dec
08:09
JSPL eyes manufacturing eight alloy-steel grades under PLI
Jindal Steel and Power (JSPL) aims to invest INR 7,930 crore ($959.52 million) under the production-linked incentive (PLI) scheme for speciality steel, to manufacture eight types of high-end alloy steel in India.
According to JSPL managing director Bimlendra Jha, the company will make hot-rolled coils, sheets and API-grade plates to cater for sectors like oil and gas. The high tensile sheets to be manufactured by JSPL will be used in structural grade fabrication a…
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Very good overview of the weekly steel market.
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