Monday, 07 Sep 2026 Breaking: Pak: Balochistan Bar Council announces province-wide court boycott over recruitment concerns
BREAKING: Apple launches AI platform | Tesla earnings beat estimates | Nvidia stock surges | Bitcoin crosses major resistance
Business

Jindal Stainless signs technical assistance pact with Japan’s JFE Steel for ferritic steel grades

Jindal Stainless signs technical assistance pact with Japan’s JFE Steel for ferritic steel grades

New Delhi [India], September 7 (ANI): Jindal Stainless has signed a technical assistance agreement with Japan’s JFE Steel Corporation to strengthen its manufacturing capabilities for selected ferritic stainless steel grades, with a focus on improving product quality, manufacturing practices and process efficiency.
Under the agreement, JFE Steel will provide technical assistance to support Jindal Stainless’ efforts to improve the quality and manufacturing practices for the ferritic stainless steel grades covered by the pact, according to a company press release. 
Ferritic stainless steel is used across sectors, including automobiles, railway coaches, kitchen equipment, industrial machinery and construction. The company said demand for such grades is expected to grow as industries look for materials offering durability, corrosion resistance and cost efficiency. 
Commenting on the agreement, Jindal Stainless Managing Director Abhyuday Jindal said, “Ferritic stainless steel, in particular, is becoming an increasingly important solution for industries looking to balance durability, corrosion resistance, and cost efficiency.”
He said the partnership would allow the company to draw on JFE Steel’s experience in manufacturing ferritic stainless steel.
“JFE Steel's decades of expertise in ferritic stainless steel manufacturing will help us further strengthen product quality and operational excellence,” Jindal said. 
He added that the agreement was also aimed at strengthening internal manufacturing capabilities.
“More importantly, this association is about building capabilities that create greater value for our customers by strengthening our people, processes, and practices through this agreement,” he said. 
Jindal Stainless had an annual melt capacity of 4.2 million tonnes and reported a turnover of Rs 42,955 crore in FY2025-26. As of March 2026, it had 16 stainless steel manufacturing and processing facilities in India and overseas, including in Spain and Indonesia, according to the company press release. (ANI)

Tags

Related News

IGX gas trading volume more than doubles in August; benchmark price rises 107% YoY
Business
IGX gas trading volume more than doubles in August; benchmark price rises 107% YoY

<p>New Delhi [India], September 7 (ANI): Gas trading volume on the Indian Gas Exchange (IGX) more than doubled in August...

SEBI eases compliance norms for FPIs investing only in government securities
Business
SEBI eases compliance norms for FPIs investing only in government securities

<p>New Delhi [India], September 7 (ANI): The Securities and Exchange Board of India (SEBI) has eased regulatory complian...

KokoMumu Launches Free Interactive Learning Platform for School Students Across India
Business
KokoMumu Launches Free Interactive Learning Platform for School Students Across India

<p>VMPL<br/>New Delhi [India], September 7: KokoMumu, a free learning platform for school students, has launched with a...

Tathastu ICS Celebrates Teachers' Day with GURU SAMVAD 2026
Business
Tathastu ICS Celebrates Teachers' Day with GURU SAMVAD 2026

<p>NewsVoir<br/>Greater Noida (Uttar Pradesh) [India], September 7: On the occasion of Teachers' Day, Tathastu ICS hoste...

Chilean Prunes: Making Every Day Snacking More Nutritious
Business
Chilean Prunes: Making Every Day Snacking More Nutritious

<p>PNN<br/>New Delhi [India], September 7: As India observes National Nutrition Week from 1st to 7th September, the focu...

Agentic commerce emerges as new fintech investment opportunity in H2 2026: KPMG Report 
Business
Agentic commerce emerges as new fintech investment opportunity in H2 2026: KPMG Report 

<p>New Delhi [India], September 7 (ANI): Agentic commerce is emerging as a new area of opportunity for fintech investmen...