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Jindal Saw reinstated with API licenses

25 Jun 2026 Evaluate

Jindal Saw’s all API licenses have been reinstated by the American Petroleum Institute (API), authorizing the company to affix the API Monogram on its seamless pipes. The use of the API Monogram enables the company to resume the manufacture and supply of certified seamless pipes to global oil and gas majors, participate in tenders, and safeguard its core revenue streams. The licenses are valid till June 24, 2029.

Earlier in February 2026, the company had received suspension letter, restricting it from affixing API monogram on its API seamless pipes, due to certain non-conformances observed during the API audit.

Jindal Saw is one of the country’s topmost industry houses and the foremost indigenous steel producers and exporters.

Peers
Company Name CMP
JSW Steel 1169.50
Tata Steel 174.00
Steel Authority 173.40
Jindal Stainless 709.00
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