Brief: India's Jindal Stainless Exec Says Seeing Improvement In Exports Markets In U.S., Europe

Jindal Stainless

01/05/2024 13:17

May 1 (Reuters) - Jindal Stainless Ltd  JIST.NS :
    * INDIA'S JINDAL STAINLESS EXEC: FUNDING INVESTMENTS,
EXPANSION
LARGELY THROUGH INTERNAL ACCRUALS
    * JINDAL STAINLESS EXEC: SEE VERY STRONG DEMAND FOR
STAINLESS
STEEL IN DOMESTIC MARKET
    * JINDAL STAINLESS EXEC: SEEING IMPROVEMENT IN EXPORTS
MARKETS IN
U.S., EUROPE
    * JINDAL STAINLESS EXEC: STAINLESS STEEL MELT SHOP IN
INDONESIA
EXPECTED TO BE SET UP WITHIN TWO YEARS
    * JINDAL STAINLESS EXEC: GERMANY, ITALY, FRANCE, POLAND,
SPAIN
SEEING IMPROVED DEMAND
    * JINDAL STAINLESS EXEC: SHIPPING CHARGES REMAIN ELEVATED
BECAUSE
OF RED SEA CRISIS
    * JINDAL STAINLESS EXEC: THERE IS STAINLESS STEEL DUMPING
HAPPENING MAINLY FROM CHINA
    * JINDAL STAINLESS EXEC: DOMESTIC STAINLESS STEEL INDUSTRY
NEEDS
PROTECTION FROM DUMPING

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