Tycoon Jindal’s JSW Steel scouts for global coal mining assets

Mining News Pro - JSW Steel Ltd. is on the lookout for coal assets globally as the tycoon Sajjan Jindal-led mill seeks to tie up raw material supplies for its expansions in India.

Jindal Stainless Steel Eyes for Capacity Expansion after Coming out of Debt Woes

Mining News Pro - Jindal Stainless Steel Ltd (JSL), the country’s largest stainless steel maker seems to leave behind its debt woes and plans to expand its production capacity by half over the next two years.

India: Jindal SAW to Export 55,000 MT Pellets to South Korea

Mining News Pro - West India (Rajasthan) based pellet maker - Jindal SAW is to export 55,000 MT of pellets (Fe 65%) to South Korea. The vessel has been booked by South Korean steel mill - POSCO as reported to SteelMint by market participants. As per vessel line-up data maintained with SteelMint, the vessel arrived at berth in Mundra port and is under loading. Jindal SAW domestic pellets offers for Fe 63% grade pellets have remained stable at INR 7,350/MT (delivered Kandla). Jindal SAW runs a 1.5 MnT pellet plant in Bhilwara (Rajasthan).

Jindal Steel South Africa units file for business protection

Mining News - JOHANNESBURG – South African units of Jindal Steel & Power filed for a local form of bankruptcy protection known as business rescue this month.

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