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Jindal Stainless Hisar to commission 50,000 tpa long products plant

11 Oct 2018 Evaluate

Jindal Stainless (Hisar) will commission its 50,000 tonne per annum (tpa) long products plant, since the company is planning to triple its share in the next 2 years.

The plant for stainless steel long products is being set up at Hisar where the company has its stainless steel flat products production facility. The long products plant will be ready for operation by the end of this fiscal. The investment for the new plant is about Rs 40 crore.

Jindal Stainless (Hisar) is an India-based manufacturer of stainless steel. The company is a producer of stainless steel strips for razor blades and coin blanks. The company’s specialty product division caters to the precision and specialty stainless steel requirements of Indian and International customers.

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Company Name CMP
JSW Steel 1187.00
Tata Steel 167.25
Steel Authority 165.00
Jindal Stainless 688.40
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