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.