As part of the investment, JSL has formed a joint venture with a Singapore entity for developing and operating a stainless steel melt shop (SMS) in Indonesia with an annual production capacity of 1.2 million tonnes per annum.
Chromeni Steel welcomes rollback of anti-dumping, CVD on steel imports
February 03, 2021
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This will create a level playing field for the stainless steel sector, including the end-user industries, says Director Chromeni Steels Pvt Ltd a Chinese joint-venture of Gujarat’s four business groups welcomed the Budget proposals to rollback anti-dumping, and countervailing duties on imports of stainless steel products.
Based in China’s Zhejiang province, Tsingshan Industries had formed a JV with a group of business houses from Gujarat including Sunrise Group, Suncity Group, JP Iscon Group and VD Group to set up a cold rolled coils plant at Mundra in Gujarat.