JSW Steel, owned by Sajjan Jindal, has emerged as the world’s most valuable steelmaker, boasting a market capitalisation (mcap) of nearly $30.31 billion, according to Bloomberg data. The milestone sees the Indian major outpacing industry titans such as L N Mittal-owned ArcelorMittal, the world’s biggest steelmaker, at $27.14 billion, and Nucor Corporation of the US at $29.4 billion. While JSW Steel leads in mcap, ArcelorMittal remains appreciably ahead in revenue, reporting $62.4 billion over the past 12 months compared to JSW’s $21.1 billion.