Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
The Jindal Group is reportedly planning to send a delegation to Germany to assess the steel assets of Thyssenkrupp AG, as part of its exploration into potential global expansion and partnerships in the European market.
According to sources, the visit will help evaluate asset valuations, technological synergies, and strategic collaboration opportunities, particularly in the production of high-grade and green steel. Thyssenkrupp, one of Europe’s oldest steelmakers, has been restructuring its steel division amid financial challenges and rising costs linked to decarbonisation.
Industry observers note that the move aligns with Jindal’s long-term ambition to expand its international footprint and gain access to advanced steelmaking technologies, especially in low-carbon steel and hydrogen-based production.
Both companies are yet to officially comment on the development, but analysts believe a potential partnership or acquisition could provide Jindal with a strategic foothold in Europe’s premium steel market.
If finalised, the deal could mark a major step for Indian steel producers in entering Europe’s advanced manufacturing ecosystem, reinforcing India’s growing influence in the global steel value chain.
Also Read : JSW-POSCO Mega Steel Plant to Transform Keonjhar’s Patna into Industrial Hub Govt Grants Exemptions to Certain Steel Imports from QCO Norms
Nippon Steel, Japan’s largest steelmaker, is reportedly considering a $3.2 billion conve...
Asia 05-Feb-2026
Adani Defence & Aerospace has inaugurated two expansive facilities for manufacturing various cal...
Defence 27-Feb-2024
Jindal Stainless, India's biggest stainless steel manufacturer, has announced the development and su...
Large Corporate 07-May-2024
State-owned Coal India Ltd on Friday stated that it supplied 509 million tonnes of coal to thermal p...
Announcement 02-Feb-2024
The Steel Executives Federation of India (SEFI) has urged the steel ministry to merge state-run Rash...
Mid Corporate 05-Jul-2024
Indian authorities have flagged concerns that Chinese steel may be entering India illegally via Nepa...
China 17-Nov-2025