Mittal vs Jindal: The fight for India’s steel crown

Industry leader JSW Steel faces a challenger in ArcelorMittal Nippon Steel India. With both companies drawing up ambitious plans to expand capacity, a battle looms.

31 May, 202117 min
0
Banner image

Subscribe to read this story

We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.

$99 for one year

SUBSCRIBE
Already have an account? Sign In

Not ready to subscribe? Sign up for a free account

We value our free readers. Read 100+ stories every year.

You may also like

Business
Story image

An uneventful Reliance AGM that could not have been otherwise

Everyone seems to be disappointed with the company’s annual general meeting. With hands full and businesses that need further nurturing, this was not the time for big-bang announcements. And so it was.

Internet
Story image

JSW, Tata, Birla’s entry into B2B e-commerce augurs poorly for Infra.Market, OfBusiness

The two IPO-bound startups are showing signs of a slowdown and will be looking over their shoulders as online B2B marketplaces launched by the conglomerates grow fast.

Business
Story image

The hunt for greener steel stutters

ArcelorMittal's scrapping of green steel plans in Germany signals an uncertain future for decarbonizing the heavily polluting sector. It also casts a cloud on mega investments by Indian steelmakers.