JSW said putting brakes on Texas pipe mill expansion

Dec 12, 2008 | 07:50 AM | Michael Cowden

India's JSW Steel Ltd. plans to delay expansion plans at its pipe mill in Texas, according to a report by Bloomberg.

The delays are necessary because oil companies have put projects on hold, leading to a sharp drop in demand, the report quoted Sajjan Jindal, JSW Steel's managing director, as saying. Expansions might resume once markets stabilize, he said.....





Latest Pricing Trends

Poll

Are you stocking more inventory today than 18 months ago?

Yes
No


View previous results