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Jindal Steel & Power Ltd. ( (IN:JINDALSTEL) ) has shared an announcement.
Jindal Steel & Power Limited has successfully commissioned its first Continuous Galvanising Line (CGL 1) at the Angul Integrated Steel Complex in Odisha, marking a significant expansion in its coated steel product offerings. This development is expected to enhance the company’s market position by providing high-quality galvanised and galvalume products under the Jindal Panther and ZINKALUME brands, which are suitable for various industrial applications. The company plans to further increase its crude steel capacity at the Angul plant, aiming to become one of the largest single-location steel plants in India by the end of 2025.
More about Jindal Steel & Power Ltd.
Jindal Steel & Power Limited is a prominent player in the steel industry, known for its integrated steel production facilities. The company specializes in producing a wide range of steel products, including galvanised and galvalume products, catering to industries such as appliances, automotive, infrastructure, and construction.
Average Trading Volume: 45,746
Current Market Cap: 958.1B INR
For an in-depth examination of JINDALSTEL stock, go to TipRanks’ Overview page.