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.

この記事は Business Standard の March 28, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。

この記事は Business Standard の March 28, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。

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