SAIL, Indonesian firm to explore JV for stainless steel manufacturing

SAIL and Indonesia's PT Krakatau Steel will explore a joint venture for stainless steel slab production. This collaboration aims to meet India's growing demand for the commodity. Indonesia offers rich nickel reserves, a key raw material for stainless steel. SAIL brings extensive experience in steelmaking and operating large plants. This partnership strengthens industrial ties and manufacturing value chains between the two nations.

Raccontata daeconomictimes.indiatimes.com