Jindal Stainless Cuts Plant Utilization Amid LPG, Gas Supply Constraints

MT Newswires Live
03/13

Jindal Stainless (NSE:JSL, BOM:532508) said its manufacturing operations have been impacted due to limited availability of industrial gases such as propane, liquefied petroleum gas, and natural gas, according to a Friday filing on Indian bourses.

The company said several processes across its plants have been affected, leading to operations running at rationalized capacity. It also cited disruptions in global shipping routes causing longer transit times and cargo delays, adding pressure on supply chains and margins.

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