Acquisition of Thyssenkrupp Division Could Help Jindal Steel with European CBAM
Jindal Steel & Power (JSPL) is exploring the acquisition of a Thyssenkrupp steel division in Europe, a move that could help the company navigate the EU’s Carbon Border Adjustment Mechanism (CBAM). With CBAM fully phasing in by 2026, Indian steelmakers exporting to Europe will face new carbon-related levies. By acquiring local assets, Jindal Steel can … Read more