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India’s Jindal to Invest $179 Million to Expand High Value Added Downstream Steel Product Capacity

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On Wednesday, September 25th, a S355N Grade L steel company statement stated that Jindal India, a high value-added downstream steel product producer under B C Jindal Group, will invest approximately $179 million to increase its production capacity, which is expected to increase by 60% to 1.6 million tons per year.

The statement stated that the focus of this capacity expansion is on producing coated flat products, S355N Grade L steel pipelines, and crash barriers. The expansion is expected to be fully completed in the 2025-26 fiscal year, and some production plans will begin in this fiscal year.

As part of the Jindal Group, India Jindal Limited mainly produces color coated and galvanized steel plates and coils, cold-rolled steel plates, and resistance welded galvanized S355N Grade L steel products.

  • Source: Abstract
  • Editor: Shirley

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