JSL proposes zero customs duty on stainless steel scrap

Jindal Stainless has recently sought continuation of zero customs duty on stainless steel scrap and steel scrap besides pure nickel.
The recommendations aim at making the Indian stainless steel industry resilient, thereby aligning with the Hon’ble Prime Minister’s vision of an Atmanirbhar Bharat.
Jindal Stainless is confident that these proposals will help the stainless steel industry thrive. The company plans to generate ~1.9 billion units of clean energy per annum through renewable energy initiatives. Jindal Stainless is set to achieve its mid-term target of 50% carbon emissions reduction well before the target year of 2035, as it marked its presence at the United Nations Confederation of Parties (COP) 28 climate summit for the first time.

Previous articleStainless Steel production 42.6 MMT in 2023
Next articleCedar LNG awards EPC contract for FLNG production unit
Stainless Steel World is part of The KCI Media Group, a group of companies focused on building and sustaining global communities in the flow control industries. We publish news on a daily basis and connect business-to-business professionals through our online communities, publications, conferences and exhibitions.