Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Jindal Steel and Power’s Mauritius arm (JSPML) has sold 48.99pc stake in its Oman asset, Jindal Shadeed Iron and Steel to Mauritius-based Templar Investment’s subsidiary, Vulcan Steel, stated a press release.


In July, JSPML had divested its entire stakes through a binding offer from a promoter Templar Investment. 


Vulcan Steel produces around 100 buildings every month and distributes its products worldwide, including Europe, Africa, Asia and North and South America. The company specializes in custom buildings and building solutions, designing and manufacturing complex steel structures.


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