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John Cockerill India shares rally 4% on Tata Steel’s Jamshedpur project contract

John Cockerill India shares rallied 4.3% to their intraday high of Rs 5,274 on the BSE on Friday, September 19, after the company announced that it has secured a major contract from Tata Steel. The order is for the engineering, design, manufacture, and supply of a push-pull pickling line and a spray roaster-acid regeneration plant (ARP) at Tata Steel’s Jamshedpur Tinplate Division in Jharkhand.

The scope also includes supervision of erection and commissioning to ensure full contractual performance. John Cockerill India will supply all equipment for the pickling line and spray roaster ARP, supported by its manufacturing facility at Taloja near Mumbai.

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The Push-Pull Pickling Line (PPPL) will be designed for an annual capacity of 350,000 TPA, capable of processing strip widths up to 1,350 mm and thicknesses up to 3.8 mm, at a maximum speed of 120 mpm.

“Its V-shaped granite blocks simplify strip uncoiling into the bath, while efficient rinsing systems and a two-step acid scrubbing process minimize acid fumes—ensuring a cleaner and safer working environment,” the company said in a regulatory filing on September 18.

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The line will feature a double uncoiler, stitcher, three Cockerill-designed pickling tanks for high pickling efficiency, an in-line side trimmer, and delivery equipment. Together, these elements ensure scale-free, clean strips—essential for downstream processes such as cold rolling and tinplating, the filing added.“This order is a testament to Tata Steel’s trust in our advanced technology and strong engineering expertise,” said Frédéric Martin, Managing Director, John Cockerill India Limited. “Our solutions will not only enhance production efficiency but also support Tata Steel’s sustainability goals by reducing waste and environmental impact.”Earlier this month, the company also secured a contract from JSW JFE Electrical Steel Nashik to supply high-temperature tunnel furnaces.

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John Cockerill engineers large-scale technological solutions for challenges such as the energy transition, sustainable industrial production, and resource preservation. The company provides advanced equipment and solutions across sectors, including energy (with a focus on green hydrogen), defense, steelmaking, environmental technologies, and general industry.

Shares of John Cockerill India closed at Rs 5,057.50 on the NSE, up 10% from the previous close. The stock has surged 80% over the past six months.

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