Jindal Steel & Power Commissions Continuous Galvanizing Line at Angul Plant

New Delhi, June 30, 2025 – Jindal Steel & Power (NSE: JINDALSTEL, BSE: 532286) has successfully commissioned its first Continuous Galvanizing Line (CGL‑1) at the Angul Integrated Steel Complex in Odisha, marking a major stride in its value‑added coated steel portfolio . This rollout is a key part of its strategic ramp-up to 12 MTPA by the end of 2025—doubling capacity at its flagship Angul facility The stock was trading up at ₹939.40 on the NSE at 1:39 pm IST.

Strategic Expansion into High-Value Coated Steel

CGL‑1 boosts production of galvanised & galvalume products under the Jindal Panther and ZINKALUME brands—critical for automotive, appliance, and construction applications. The stock’s modest gain reflects positive market sentiment toward upcoming capacity expansion—and analysts expect margins to strengthen as Angul’s output scales. With downstream investments like CGL‑1 and planned blast furnaces and BOFs, JSPL is targeting crude steel production nearing 16 MTPA by FY27, driven by efficient asset utilization.

Specifications of CGL 1:

• Thickness Range: 0.15 mm to 1.50 mm
• Width Range: 700 mm to 1400 mm
• Product Mix:
  • Panther Galvanised: Full hard, soft, and skin-passed galvanised steel
  • ZINKALUME: Aluminium, silicon, and zinc alloy-coated galvalume steel

Applications include:

• Air conditioners, ducting systems, white goods, vehicle bodies, silos
• Solar structures, refrigerator backs, fuel tanks
• High-strength galvanised steel for automotive underbody components

Upcoming Capacity Expansion

Jindal Steel further announced that an additional 6 MTPA crude steel capacity will be commissioned at the same location by year-end, doubling the Angul plant’s capacity to 12 MTPA, thereby making it one of India’s largest single-location steel plants.

“The commissioning of our first galvanising line at Angul is a proud milestone. It reflects our commitment to delivering high-quality, value-added steel products for diverse industry needs,” said Naveen Jindal, Chairman of Jindal Steel.

Market Snapshot (As of 1:39 pm IST)

About the Company

Jindal Steel & Power Limited is a leading Indian steelmaker listed on NSE and BSE, with a diversified portfolio across steel, power, and infrastructure. It is part of the OP Jindal Group and continues to expand through technological innovation and capacity growth. The company was listed on December 29, 1999, and is a constituent of the NIFTY NEXT 50 index.

REF: https://nsearchives.nseindia.com/corporate/JINDALSTEL_30062025095015_Binder1.pdf

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