Jindal Steel has opened the first part of its own cargo terminal at Paradip Port in Odisha. The terminal can handle 12.5 million metric tons a year now & will grow to 25 million metric tons when the second phase is finished. The company's subsidiary, Jindal Paradip Port, is building it under a long-term agreement alongside the Paradip Port Authority, at a cost of about $357 million. The terminal will bring in coking coal & ship out steel for the company's big Angul plant, giving it more control over its supply chain.