JINDAL STAINLESS Q1 SALES VOLUME FALLS 10% ON GEOPOLITICAL, EUROPEAN HEADWINDS

Jindal Stainless reported a 10% year-over-year decline in its first-quarter sales volume, which fell to 475,000 tonnes. The company attributed the drop to disruptions from the ongoing conflict in West Asia and significant destocking by customers in Europe. The figures highlight the impact of global geopolitical and economic conditions on the steelmaker's performance.