Page 24 - Jsw Steel

JSW Steel pays Rs 19,350 cr to financial creditors of Bhushan Power & Steel

Lenders would stand to realise 41% on claims of Rs 47,157.99 cr

Steel rising in the east: JSW, AM/NS India waiting to set foot in Odisha

Two steel majors will be expanding their presence in the iron ore-rich region just as global raw material prices touch new highs

JSW Steel crude steel production at 1.3 mn tn in Feb, down 1% from last yr

JSW Steel reported crude steel production of 1.3 million tonnes in February, down by 1 per cent from 1.32 million tonnes in the same month of previous year

Three seasons and a washout as the Bhushan Power resolution dragged

BPSL was admitted for resolution under IBC in July 2017. On Friday, it came nearer to resolution with majority of lenders voting in favour of JSW Steel's proposal to close the process

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Bhushan Power lenders accept JSW Steel plan, look to close deal by March 31

25 financial creditors would be realising 41% from the Rs 19,350 cr deal on claims of Rs 47,158 cr

After rally, steel and iron ore on course correction led by higher supplies

Price correction started mid Jan, with secondary producers dropping drop long product prices by Rs 7,000-8,000 a tonne; primary producers followed in Feb, pruning by Rs 2,000-3,500

Domestic iron ore supplies may take time to ease

JSW Steel, AM/NS hold the key to iron ore supply woes

JSW crude steel output increases 2% to 14.32 LT in January

Steel maker JSW Steel has registered a rise of about 2 per cent in its crude steel output to 14.32 lakh tonne (LT) during January

JSW Steel to raise $1 bn via dollar bonds for Bhushan acquisition, capex

Source says talks with firm are currently focused on structure of offering and seeking necessary approvals from RBI. Issue will be launched as early as this month

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Ports, roads, steel: 5 companies step up investments as economy recovers

India is focusing on improving its infra as the economy recovers after the coronavirus pandemic. A look at at what Tata Group, L&T, Adani Ports, Ultratech Cement, and JSW Steel plan to do

JSW Steel approaches auto companies for a hike in contract prices

Steel maker's move comes in the wake of widening gap between spot and contract prices, with major surge post October

Prices in India haven't gone up to global level: Seshagiri Rao of JSW Steel

In a Q&A, the firm's Jt MD and CFO says he does not see the govt taking any action on steel import duties, based on 'wild allegations' made on price hikes

JSW Steel reports 14x spike in Q3 consolidated net profit at Rs 2,669 cr

Company plans commissioning multiple projects in Q4

JSW Steel's net profit jumps manifold to Rs 2,669 cr in Dec quarter

JSW Steel reported a manifold jump in its consolidated net profit to Rs 2,669 crore for the December 2020 quarter

Steel stocks hit fresh high on price hike, improvement in production

Stocks of all major steel producers hit a new one-year high with Tata Steel leading the pack

Metals extend rally on strong demand; Tata Steel zooms 97% in 3 months

At 02:15 pm, Nifty Metal index was the top gainer among sectoral indices, up 4% against 0.28% rise in the Nifty50 index

JSW Steel Q3 production up 6% at 4.08 million tonnes in December quarter

JSW Steel on Thursday reported crude steel production of 4.08 million tonnes in the third quarter (October to December), marking a growth of 6 per cent quarter-on-quarter and 2 per cent year-on-year.

Nithia Capital, CarVal Investors complete purchase of two Uttam Group firms

Total consideration Rs 2,000 cr; companies were on RBI's second list of NPAs mandated for resolution under IBC