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Jindal Stainless cuts production due to fuel shortages from Middle East shipping disruptions, risking costs and delays.
Jindal Stainless, India’s largest stainless steel producer, is operating at reduced capacity due to fuel shortages caused by disrupted global shipping routes following U.S. and Israeli actions against Iran, which have affected traffic through the Strait of Hormuz.
The company and other Indian steelmakers face constrained supplies of industrial gases like propane, LPG, and natural gas, prompting the government to redirect gas to households.
This has led to production cuts, shipment delays, and rising costs, with smaller mills especially vulnerable.
Jindal urged the government to clarify industrial gas allocations and ensure stable supply to prevent further disruptions.
Jindal Stainless recorta la producción debido a la escasez de combustible de las interrupciones del transporte marítimo de Oriente Medio, arriesgando costos y retrasos.