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Jindal Stainless and JFE Steel Sign Ferritic Steel Pact
Jindal Stainless has partnered with Japan’s JFE Steel Corporation.
They will work together on making certain types of ferritic stainless steel.
JFE Steel will share technical knowledge and manufacturing experience.
The goal is to improve the quality of Jindal Stainless products.
These steel grades are used in cars, trains, kitchens, machines, and buildings.
Stainless steel demand is growing in several industries.
Jindal Stainless said the partnership will also strengthen its workers, processes, and practices.
The company reported annual turnover of Rs 42,955 crore in FY2026.
Jindal Stainless has signed a technical assistance agreement with Japan’s JFE Steel Corporation.
The pact targets selected ferritic stainless steel grades and aims to improve product quality and manufacturing practices.
Ferritic stainless steel is used in automotive parts, railway coaches, kitchen equipment, machinery, and construction.
JFE Steel will support Jindal Stainless through its expertise in ferritic stainless steel manufacturing.
Jindal Stainless reported FY2026 annual turnover of Rs 42,955 crore and operates 16 facilities across India and abroad.
- Who
- Jindal Stainless and Japan’s JFE Steel Corporation.
- What
- They entered a technical assistance agreement focused on selected ferritic stainless steel grades.
- Where
- The announcement was made in New Delhi, with Jindal Stainless facilities in India and abroad, including Spain and Indonesia.
- When
- The agreement was announced on Monday; company operating figures were stated as of March 2026.
- Why
- To strengthen product quality, manufacturing practices, and capabilities amid rising demand for stainless steel.
Key facts
- Agreement type
- Technical assistance agreement
- Focus
- Selected ferritic stainless steel grades
- Jindal Stainless FY2026 turnover
- Rs 42,955 crore
- Manufacturing facilities
- 16 facilities in India and abroad
- International facilities mentioned
- Spain and Indonesia
- Global network
- Operations or network across 12 countries as of March 2026
- Applications
- Automotive components, railway coaches, kitchen equipment, industrial machinery, and construction
Quotes
Abhyuday Jindal
Managing Director of Jindal Stainless
“JFE Steel's decades of expertise in ferritic stainless steel manufacturing will help us further strengthen product quality and operational excellence. More importantly, this association is about building capabilities that create greater value for our customers by strengthening our people, processes, and practices through this agreement,”
freepressjournal.in
Sources
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