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Top steel firms face antitrust action
Mint Chennai
|January 07, 2026
India’s competition watchdog has found market leaders Tata Steel, JSW Steel, state-run SAIL and 25 other firms breached antitrust law by colluding on steel selling prices, a confidential document shows, putting the companies and their executives at risk of hefty fines.
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The Competition Commission of India (CCI) has also held 56 top executives, including JSW’s billionaire managing director Sajjan Jindal, Tata Steel CEO T.V. Narendran and four former SAIL chairpersons, liable for price collusion ove
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