Domestic steel giant JSW Steel on Tuesday posted a 6 per cent year-on-year rise in crude steel production at 14.25 lakh tonne (LT) during October 2021
Baytown plate mill expansion scheduled for completion 2023
The project which is expected to be completed by 2023, is being carried out by its subsidiary company JSW Steel (USA) Inc, JSW Steel said in a statement.
The planned downstream manufacturing facility of capacity 120,000 tonne per annum will also house special lines to produce 'Steel Sandwich Panels' and 'Steel Doors'
In a Q&A, Seshagiri Rao, who is also group CFO, says the firm could introduce a surcharge to pass on the spike, but may still absorb $90-100 cost per tonne of coking coal in Q3
Stock market LIVE: Financial shares helped limit the losses, while IT, metal and FMCG shares weighed on the benchmark indices; Midcap, Smallcap indices decline over a per cent each
Saleable steel sales for the quarter stood at 3.83 million tonne (Indian operations excluding JVs), an increase of 10 percent sequentially
JSW Steel on Thursday posted an over four-fold jump in its consolidated net profit to Rs 7,179 crore for the second quarter ended September 30, mainly driven by higher income.
State-run PSU banks and telecom stocks are likely to be in focus along with a slew of mid- and small-cap companies that shall announce their September earnings today
Newly elected worldsteel Chairman Sajjan Jindal on Wednesday called for a joint effort of the industry to "build cleaner future" by working towards decarbonising steel production.
The World Steel Association on Wednesday said that it has elected JSW Steel Chairman and Managing Director Sajjan Jindal as its Chairmanfor the 2021-22 period
Six companies are slated to announce earnings today including BEPL, DRC Systems India, JTL Infra, and Ind Bank Housing
JSW Steel on Monday posted a 29 per cent year-on-year growth in group combined steel production at 5.07 million tonne (MT) during the quarter ended September 30, 2021. In a statement, it said it had produced 3.92 MT in the July-September period of financial year 2020-21. "JSW Steel reported group combined crude steel production at 5.07 million tonnes for Q2 including the production at jointly controlled entities viz. Bhushan Power & Steel Ltd and JSW Ispat Special Products Ltd (JISPL)," it said. JSW Steel's standalone output rose by 6 per cent 4.10 MT, from 3.85 MT in the year-ago quarter, the statement said. The capacity utilization at standalone level was at 91 per cent in second quarter of ongoing 2021-22 fiscal, it said. Vijayanagar works has taken planned shutdown for campaign repairs of two of its convertors and Salem works has taken an annual shutdown of one of its blast furnaces, due to which the capacity utilisation remained at an average of 91 per cent in this ...
The overall trend for metal stocks seems to be precarious, and a further downside cannot be ruled out
JSW Coated and JSW Vallabh Tinplate, the wholly owned subsidiaries of JSW Steel, are increasing capacity from 350,000 tonnes to 620,000 tonnes
The company says it is the first in the steel sector globally to issue an SLB in a hard currency
JSW Steel on Thursday said it has raised USD 1 billion through issuance of Sustainability Linked Bonds (SLBs) in the overseas market.
The company is likely to achieve such savings is 2-3 years; intiative began in 2017
Tinplate, a packaging medium, is one of the highest value adding downstream products in the flat steel segment.
Moody's Investors Service has changed the outlook on JSW Steel Ltd and Periama Holdings LLC's ratings to positive from stable.