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Jindal Joins Juggernaut, Jettisons Joint Venture Journey
Jindal Shadeed Iron & Steel has signed a strategic supply contract to deliver steel bars to an ArcelorMittal joint venture. The deal supports rising Gulf construction demand and regional growth. By using electric arc furnace technology and recycled scrap, Jindal Shadeed strengthens its environmental commitment and competitiveness. Analysts see revenue potential over $400 million, and stock market indicators show steady investor confidence.
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