Jindal Steel to spend less, focus on utilising capacity: MD VR Sharma

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Jindal Steel will not take on debt for capacity expansion, focusing instead on optimizing operations. The company plans to invest in value-added products and improve cost efficiencies over coming years. A new slurry pipeline is expected to significantly reduce logistics costs per tonne. Jindal Steel aims for 100% capacity utilization before considering further expansion plans. This strategy contrasts with rivals who are increasing their capital expenditure significantly.