Expansion to drive margins for Jindal Steel & Power
Business Standard|March 28, 2024
JSPL projects a capex allocation in the range of ₹7,500-10,000 crore annually for the next three-year period
DEVANGSHU DATTA
Expansion to drive margins for Jindal Steel & Power

The global iron and steel industry is experiencing problems due to China's supply-demand mismatch. China produces well over 50 per cent of the world's steel and persistent weaknesses in China's massive real estate and construction sector has led to Chinese exports flooding global markets. Global demand is also weak. Hence steel prices are low.

While India has robust domestic demand, Indian steel producers are seeing soft prices due to the global situation.

هذه القصة مأخوذة من طبعة March 28, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة March 28, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

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