Jindal Stainless eyes export opportunities amid Canada-China trade tensions

Jindal Stainless, one of India's leading stainless steel manufacturers, is positioning itself to increase sales to Canada where additional 25% tariffs are anticipated to impose on Chinese steel products including a range of stainless items.

The Canadian federal government recently concluded the month-long consultations on new tariffs on Chinese products by October 10, which include a 100% surtax on Chinese-made electric vehicles, which came into effect on October 1, and a 25% surtax on steel and aluminum products from China, effective October 22, Mysteel Global learned