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JSL Stainless completes restructuring process of $250 million ECB

02 Apr 2013 Evaluate

JSL Stainless has successfully completed restructuring process of existing $250 million External Commercial Borrowing (ECB) during the quarter ended March 31, 2013 with the consent of all Lenders.

Jindal Stainless manufactures stainless steel slabs, blooms, hot rolled and cold rolled coils, 60% of which are exported worldwide. It has a stainless steel making facility at Hissar and a ferro alloy plant at Vizag.

Peers
Company Name CMP
JSW Steel 1273.25
Tata Steel 187.40
Steel Authority 177.25
Jindal Stainless 736.20
APL Apollo Tubes 2194.00
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