The metal index is on the verge of breakout, if crosses 5,800 mark, another 6 per cent jump is very certain.
JSW Steel MD and group CFO Seshagiri Rao said Indian steel prices were at a discount to international prices during the rally and therefore the correction will not be as steep
Maruti expects December production at its Gujarat and Haryana plant to be impacted by the ongoing semiconductor shortage
JSW Steel and Adhunik Power & Natural Resources are among seven companies that have submitted bids for four coal blocks put up for sale under "second attempt" of auction process for 11 mines for commercial mining. These coal mines were also offered in the first attempt launched on March 25 this year and had fetched single bids. "A total of 7 companies have submitted their bids in the auction process," the coal ministry said in a statement. The seven firms are Auro Coal Pvt Ltd, JSW Steel, MP Natural Resources Pvt Ltd, Adhunik Power & Natural Resources, Assam Mineral Development Corp Ltd, Virtuous Mining Ltd and Twenty First Century Mining Pvt Ltd. Total seven bids were received by the ministry for four coal blocks namely Beheraband North Extn, GondbaheraUjheni East, Lalgarh (North) and Tokisud Block II. "A total of 7 bids have been received for 4 coal mines," the ministry said. The online bids were decrypted and opened electronically in the presence of the bidders, it ...
JSW Steel is one amongst only three steel companies from emerging markets that made it to the DJSI EM Index
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