Jindal completes acquisition of Maspion Stainless

Thursday, 02 December 2004 09:45:49 (GMT+3)   |  

Jindal completes acquisition of Maspion Stainless

According to recent news in the market, Indian steel producer Jindal Stainless has completed acquisition of Indonesian cold rolled steel producer Maspion Stainless Steel Indonesia PT for $32 million. This acquisition is the first overseas acquisition of Jindal Stainless. Through the newly-acquired mill, Jindal will supply its Indian mills. Jindal Stainless borrowed the $20 million of the total payment from Export Import Bank of India and State Bank of India and the remaining part has been funded through internal sources.

Marketplace Offers

Cold Rolled Coil

Thickness 0.4 - 2.5 mm
Width 1,000 - 1,500 mm
Coil  R
 
Tedarikçi DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
View Offer

Cold Rolled Coil

Thickness 0.8 - 2 mm
Width 0 mm
Coil  R
 
Tedarikçi SAMBHV SPONGE POWER LIMITED
View Offer

Hot Drawn Stainless Coil

Thickness 0.45 - 1.45 mm
Width 0 mm
Coil  R
 
Tedarikçi SAMBHV SPONGE POWER LIMITED
View Offer

Similar articles

Flat steel prices in local Taiwanese market - week 40, 2026

EU launches expiry review of anti-subsidy measures on stainless steel from India and Indonesia

Flat steel prices in local Taiwanese market - week 39, 2026

India extends AD investigation deadline for stainless CR flats imports from three countries

Flat steel prices in local Taiwanese market - week 38, 2026

EU initiates expiry review on CR stainless steel from India and Indonesia

Malaysia launches AD investigation on stainless steel imports from Indonesia

Flat steel prices in local Taiwanese market - week 37, 2026

Flat steel prices in local Taiwanese market - week 36, 2026

Flat steel prices in local Taiwanese market - week 35, 2026