Jindal Stainless Steel – India’s largest stainless steel producer is shaping up better in H2 FY21 compared to H2 FY20, with capacity utilization rate of pre-covid levels. The company is looking to achieve EBIDTA/tonne of INR 11,000 as duties have been levied on stainless steel imports from Indonesia. Indonesia is the biggest exporter of stainless steel to India accounting for 44% of imports.
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