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West Asia Conflict Impacts Jindal Stainless Operations, Capacity Reduced
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Jindal Stainless Operations Hit by West Asia War: Fuel, Shipping Disruptions
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CNBC TV18
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13-03-2026, 17:22
Jindal Stainless Operations Hit by West Asia War: Fuel, Shipping Disruptions
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Jindal Stainless Ltd reports West Asia war has impacted operations, citing fuel availability and global shipping route disruptions.
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Stainless steel plants are running at rationalised capacity due to constraints in industrial gases like propane/LPG and natural gas.
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Global shipping route disruptions cause vessel diversions, longer transit times, and cargo delays, pressuring supply chains and margins.
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Company seeks clarity on fuel allocation percentages and assurance of regular supplies for industrial gases from the government.
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Shares of Jindal Stainless Ltd fell 5.13% on BSE on March 13 following the announcement.
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