Company beats the Street on top line and Ebitda
Net sales up 23% to Rs 7,715 crore as special product volumes grew lending support to the topline
In a Q&A, Arun Mishra talks about the company's focus lowering cost of production amid the ongoing pandemic and likely impact on demand
Net sales up 23% to Rs 7,715 crore as special product volumes grew lending support to the topline
Net sales up 23% to Rs 7,715 crore as special product volumes grew lending support to the topline
On consolidated basis, last year's low base expected to aid sharp jump in net profit
Topline stood at Rs 6,725 crore, up 56% from a year ago, on strong zinc, lead and silver sales
The disinvestment of loss-making plants may likely attract interest from secondary steel makers rather than the big players
The live trade finance transaction involved export of steel by Tata Steel, India to Universal Tube & Plastic Industries, UAE
Company says its cost efficiency project 'Parvat' is on track and has helped in managing some continuing cost headwinds
Consumption seen falling in line with production as auto, consumer durable goods demand tanks
Had acquired three Chromite mines with 50-year leases in the 2020 mineral auctions
Jindal Steel owned 48.99% in the Oman unit via Jindal Steel & Power (Mauritius) Ltd. The former had made the deal to exit Oman biz last September
As of April 12, HRC steel prices were $300/tonne higher. India has already exceeded its EU quota by 40,000 tonnes this year but hopes steel will be allowed given coil shortage in Europe
Demand remained strong in East, North, and Central India, while the West showed signs of revival
Exports of short-cycle products are expected to improve, aiding revenue mix
Exports jumped 126 per cent year-on-year in March to 1.29 MT, compared with a monthly average of 0.65-0.75 MT in recent times
The first batch of EVs deployed by the company comprises 3-wheelers from a leading commercial vehicle manufacturer having a load capacity of 500 kg
Restaurant bodies and associations have been protesting the new curbs since Monday, demanding a waiver of statutory fees and taxes
Bhushan Power & Steel, which was recently taken over by JSW Steel, has also re-entered the ISA fold