JSW Steel on Thursday posted a 10 per cent growth in its crude steel production at 13.67 lakh tonne (LT) during May 2021
US Steel Corp, Nucor Corp. and Cleveland-Cliffs Inc control more than 80 per cent of domestic steelmaking capacity and conspired to cause direct harm to JSW, according to a lawsuit
The $12 billion JSW Group will now have a single group interface for all its large project divisions in the steel and cement businesses.
The National Green Tribunal (NGT) has formed a five-member committee to probe into a plea alleging violation of environmental norms in running the industrial operations by Jindal Steel Works
The uptick in metal prices augurs well for domestic metal companies as it would have a positive rub-off on their financial performance, going forward
The BJP-led Karnataka Cabinet made the U-turn following widespread criticism from MLAs of its own party and several petitions pending in various courts
IT companies dominate the list of stocks that hit lifetime highs this year, followed by banks and financial services.
With a better financial health, leading companies are now better placed to undertake expansion projects than they were in the past several years
This comes amid opposition from within the ruling BJP and cases pending in courts
Demand will be robust and India will quickly recover from Covid impact, he says
In a statement on Saturday, JSW Steel said its focus remained in India for now and it was not looking at acquiring any overseas assets
JSW Steel, is considering a bid to buy Liberty Steel in Britain as well as mills elsewhere, people familiar with the matter said, as would-be buyers circle Sanjeev Gupta's global commodities empire
Top line up 51% to Rs 26,456 cr; last year's Q4 profit was just Rs 231 cr
JSW's interest, which extends to plants including Gupta's Adhunik steel mill in eastern India, could mark yet another chapter for Britain's steel industry
Revenue from operations came in at Rs 26,934 crore for the quarter under review, an increase of over 50 per cent year-on-year
Hindustan Petroleum's (HPCL) fourth-quarter profit rose to Rs 3,018 crore from Rs 27 crore a year earlier on big inventory gains
In April, over 20,000 tonnes of LMO were supplied from firm's steel units; company was supplying 185 tonnes a day of LMO mid-April, which has now been raised to 1,200 tonnes
Large producers with iron ore mines and export markets are thriving in the current cycle but small ones, with access to neither, are struggling
With modernisation of Baytown plate mill, the utilisations will more than double leading to conversion costs reducing by 33-40 per cent, says company
Some have temporarily shut down units in the wake of rising Covid cases, but at least three major suppliers to the auto industry said the move was unlikely to impact negotiations