Jindal Stainless (Hisar) Limited (JSHL) has commissioned a precision strip mill as part of the first phase of its INR 450 crores brownfield expansion plan at its specialty products division (SPD). According to the Indian stainless steel manufacturer, the precision strip mill will have a capacity of 26,000 tonnes per annum (TPA). Jindal Stainless said […]
German conglomerate thyssenkrupp (tk) said that it has sold the Acciai Speciali Terni (AST) stainless steel mill in Italy to Italian company Arvedi for an undisclosed price. The deal, which includes the associated sales organization in Italy, Germany, and Turkey, is part of thyssenkrupp’s realignment. Subject to approval by thyssenkrupp’s supervisory board and merger control […]