Jindal Steel in focus after Thyssenkrupp acquisition plan
Jindal Steel is in focus after announcing a non-binding bid for Thyssenkrupp Steel Europe, Germany’s largest steelmaker with sales exceeding ₹1 lakh crore. The plan includes ₹21,000 crore for green conversion, a new DRI plant, expansion of electric arc furnace capacity, and assuming pension liabilities, marking a bold entry into Europe.