Jindal Stainless Warns of Possible Steel Shipment Delays to Middle East Amid Conflict

India's Jindal Stainless has indicated potential short-term delays in steel shipments to the Middle East due to ongoing regional conflict affecting transit routes and airspaces. Although the Middle East represents a small portion of its export market, the company is monitoring the situation closely and prepared to minimize supply chain disruptions. It is also focusing on securing industrial gases and raw materials like limestone and dolomite, with contingency plans to source alternatives if needed. Some steel firms, including Adani Total Gas, are facing higher gas prices amid reduced availability linked to the conflict.