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CCI finds JSW, Tata Steel..
Financial Express Kochi
|January 07, 2026
JSW STEEL HAS 17.5% of the domestic market, Tata Steel 13.3% and SAIL 10%, according to data from commodities consultancy BigMint.
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In the last fiscal to March 2025, JSW Steel reported standalone revenues of $14.2 billion, while Tata Steel's were $14.7 billion.
The CCI is empowered to impose penalties on steel companies of up to three times their profit or 10% of turnover, whichever is higher, for each year of wrongdoing. Individual executives can also be fined.
JSW and SAIL have denied the allegations before the CCI, according to two people familiar with the matter, who declined to be named.
One of them said JSW had also submitted its response to the CCI, and denied the allegations.
This story is from the January 07, 2026 edition of Financial Express Kochi.
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