Jindal Steel to spend less, focus on utilising capacity: MD VR Sharma

Jindal Steel will not take on debt for capacity expansion, focusing instead on optimizing operations. The company plans to invest in value-added products and improve cost efficiencies over coming years. A new slurry pipeline is expected to significantly reduce logistics costs per tonne. Jindal Steel aims for 100% capacity utilization before considering further expansion plans. This strategy contrasts with rivals who are increasing their capital expenditure significantly.

Raccontata daeconomictimes.indiatimes.com