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Jindal Stainless bags export order

NEW DELHI, MAY 19. Jindal Stainless has bagged a $60 million order for supplying stainless steel coils to the state-owned Chinese trading house, Minmetals Steel.

"The 50,000 tonne export order would consolidate our foothold in the lucrative Chinese market,'' Executive Vice President, R. K. Goyal, told reporters here. The order was valid for one year and could be extended on mutual consent, he added. "This order will enable us to cross the two lakh tonne export mark for the Chinese market,'' he said.

PTI

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