Page 19 - Jsw Steel

JSW Steel Q4 net profit shrinks 20% to Rs 3,343 cr due to higher expenses

JSW Steel on Friday reported a 20 per cent decline in its consolidated net profit to Rs 3,343 crore for the March 2022 quarter, dragged by higher expenses.

Indian iron ore and steel stocks slump, autos rise after export tax hikes

The Nifty metals index fell as much as 8.9% on Monday, the fastest rate of decline since March 2020, while the Nifty auto index rose 2.9%

Nifty Metal bleeds 7% after govt hikes export duty on steel products

The government levied export duty on 11 iron and steel intermediates and key steel products.

Export levy likely to push steel companies to review expansion plans

Major private sector steel producers said that the capacity expansion plans were based on assumptions in the sales mix - between domestic and export markets - which has now gone haywire

JSW Steel increases quantum of pulverised coal purchased from Russia

JSW Steel has increased the quantum of pulverised coal being purchased from Russia to 10-15 per cent of its requirements in recent times, the company's Deputy Managing Director Vinod Nowal said

JSW to set up Rs 150 crore steel plant in south Kashmir's Pulwama

While JSW steel limited is all set to come up with its Rs 150 crore project in south Kashmir's Pulwama district, Apollo Hospitals will set up its medicare facility in Jammu district

Here's why Mehul Kothari recommends buying JSW Steel, Genus Power

According to the technical analyst from Anand Rathi, Genus Power has confirmed a multi-year breakout above the Rs 95 mark, and seems poised to rally towards Rs 140 in the next few months.

Bureaucracy is bogging down bankruptcy deal, says CJI N V Ramana

The top court gave another week to the government's lawyer to sort out the differences between the Enforcement Directorate and corporate affairs ministry.

Stocks to Watch: TCS, Wipro, JSW Steel, UltraTech Cement, Kesoram,Telecom

Anand Rathi Wealth, GM Breweries, Hathway Cable & Datacom, Tinplate Company of India, Evexia Lifecare, and Gayatri Bioorganics will announce their quarterly numbers.

JSW Utkal Steel gets green nod for 13.2 mt new steel plant in Odisha

The firm said capex for the integrated steel plant is likely to be about Rs 65,000 cr including associated facilities

JSW Steel combined crude steel output grows 37%; FY22 production soars 38%

JSW Steel on Friday posted a combined crude steel production of 5.98 million tonne (MT) for the quarter ended March 31, 2022.

Stocks to Watch: Adani Group, JSW Steel, JSPL, IndiGo, SpiceJet, Textiles

Steel stocks are likely to be in limelight following reports of price hike in April.

Rising raw material cost pushes steel prices to fresh record highs

Raw material prices had been on the rise, but since Russia waged war on Ukraine, prices surged.

'Very large' cost hike for steel industry can come next qtr: Seshagiri Rao

Senior executive of JSW Steel sees 'distortions in market' after Russian invasion of Ukraine

Amid record high prices, are industrial metals the new oil in India?

Data providers such as Reliance Jio, Airtel and large tech startups such as Flipkart, Paytm have yet to earn big profits, while metal giants are becoming important in an emerging low-carbon world

Sensex slides 366 pts, Nifty below 16,500; auto stocks bleed; IT dazzle

CLOSING BELL: Ultratech Cement, HDFC Life, Asian Paints, Shree Cement, Eicher Motors, SBI Life, and Tata Consumer Products were the top laggards, down up to 6.5 per cent

JSW Steel, JSPL, Balco, others put in 26 bids for 11 coal mines

JSW Steel, Jindal Steel & Power Ltd and Bharat Aluminium Company Ltd were among the 21 firms that put in bids in the latest auction of coal mines, the government said on Wednesday. In all, 26 bids were received for the auction of coal mines under the fourth tranche of sale of coal, the coal ministry said in a statement. Five of the 11 coal mines put on auction received single bids. The Gare Palma IV/6 mine in Chhattisgarh received a maximum of eight bids. The mine was originally allotted jointly to Jindal Stel & Power Ltd (JSPL) and Malwa Sponge Iron Ltd in January 2006 to meet the coal requirement of their respective sponge iron plants in nearby Raigarh and Taraimal districts, respectively. However, the allocations, along with others, were cancelled by the Supreme Court 2014. Utkal B1 & B2 mines in Odisha received six bids, while Chinora in Maharashtra got four and three bids came in for Rabodih OCP in Jharkhand. "The process of 4th tranche of the auction of coal mines ...

JSW Ispat Special Steel to transfer Raipur facilities to subsidiary

The transfer will be made via slump sale to wholly-owned subsidiary Mivaan Steels (MSL)

JSW Steel reports 15% rise in crude steel production for the month of Jan

JSW Steel on Friday reported 15 per cent rise in crude steel production at 16.46 lakh tonne for the month of January. The company's crude steel production was at 14.32 lakh tonne (LT) in January 2021, JSW Steel said in a filing to BSE. "JSW Steel reported the crude steel production for the month of January 2022 at 16.46 lakh tonne, that grew by 15 per cent Y-o-Y on standalone basis," the filing said. The production of its flat-rolled products increased by 23 per cent to 12.47 LT over 10.14 LT in January 2021. Its output of long-rolled products registered a growth of 4 per cent to 3.74 LT, as against 3.59 LT in January 2021. The expansion project at Dolvi works, which commenced commercial operations in November last year is gradually ramping up capacity utilisation. JSW Steel is the flagship business of the diversified USD 13 billion JSW Group. As one of country's leading business houses, JSW Group also has other business interests in sectors such as energy, infrastructure, ceme

JSW Steel Independent Director Malay Mukerjee passes away at 74

Steel company JSW Steel announced the passing away of Malay Mukerjee, who was an independent director on its board.