Given constraints in fuel availability plants running at a rationalised capacity: Jindal Stainless
The Hindu
Jindal Stainless faces operational challenges due to fuel shortages, seeking government clarity on gas supply for optimal production.
India’s biggest stainless steel manufacturer Jindal Stainless Ltd said several processes across its plants have been adversely impacted due to shortage of industrial gases such as propane/ LPG and natural gas. It has also sought clarity from the government on the supplies to industrial consumers and assurances on regular supplies.
“Given the constraints in fuel availability, our plants are operating at a rationalised capacity,” Abhyuday Jindal, managing director, Jindal Stainless said in a statement.
Iran-Israel war updates on March 13, 2026
Unlike conventional steel industry, which largely utilises blast furnace and coke oven gases as energy sources, the stainless steel industry follows the scrap-based production route where such gases are not generated internally.
Additionally, the company said disruptions in global shipping routes are resulting in vessel diversions, longer transit times, and cargo delays, which are also placing additional pressure on supply chains and margins.
Stating that the Government is actively prioritising fuel allocation for critical sectors, Mr. Jindal said clarity on the allocation percentage for industrial propane/LPG and natural gas, along with assurance of regular supplies, would be important for the stainless steel industry to plan and optimise operations.
The U.S. has launched two investigations under Section 301 of the Trade Act of 1974 against India and other economies to examine practices that may be ‘unreasonable or discriminatory and burden or restrict U.S. commerce’. One probe examines whether countries, including India, are using excess manufacturing capacity to export to the U.S. in a manner that hurts American businesses, while another looks at whether countries have taken ‘sufficient steps’ to prohibit imports of goods produced with forced labour.
NHAI raises annual pass fee to ₹3,075 from April 1, 2026, streamlining toll payments for FASTag users.
The U.S. probes forced labour in global supply chains, scrutinizing China and India's exports, warns the Global Trade Research Initiative.
The Hindu collection of images of the LPG crisis: War lights a kitchen fire
The company, which launched its IPO in 2020, is now listed on the National Stock Exchange as well as the Bombay Stock Exchange.
Explore the Essential Commodities Act's role in addressing India's gas crisis and its impact on various sectors.
Star Health Insurance plans to boost AI-driven claim settlements from 20% to 50% within two years, investing heavily in technology.
The iron ore production has increased by nearly two-thirds since 2015
Benchmark indices fell 2% as high crude oil prices and FII selling pressures impacted market sentiment on March 14, 2026.
Follow The Hindu LIVE for updates on LPG crisis and crude oil prices due to the escalating Iran-Israel war in West Asia.
ICRA projects integrated sugar mills will see 5-8% revenue growth in FY26 due to improved cane supply and stable prices.
Benchmark indices fell 2% as high crude oil prices and FII selling pressures impacted market sentiment on March 14, 2026.
Tecumseh Products plans to introduce new compressor platforms in India, targeting significant growth and enhanced energy efficiency in refrigeration.