Page 34 - Jsw Steel

Panel asks JSW Steel to submit fresh EC application for Odisha projects

The Sajjan Jindal led-firm on Oct 25 this year, had sought the environment clearance for 13.2 million tonnes integrated steel plant

JSW prepares war chest to bid for toxic assets

To bid for 4 assets with combined debt of Rs 109,000 crore next month

JSW, Piramal-Bain may bid as one for Bhushan Power

JSW Steel is among the six companies selected from the EoI submission stage

JSW Steel seeks green nod for Odisha mega steel plant

Sajjan Jindal controlled JSW Group with interests in steel, infrastructure and energy, has sought the green nod for its mega steel plant cum captive power plant (CPP) proposed near Paradip in Odisha.The company has applied for environment clearance for the crude steel plant of 13.2 million tonnes per annum (mtpa) and 900 Mw CPP to be set up within the integrated steel plant complex.The expert appraisal committee (EAC) of the Union ministry of environment, forest & climate change (MoEF&CC) would take up JSW Steel's case at its upcoming meeting of industrial projects scheduled on November 15."JSW's bid for environment clearance for steel plant and CPP would be vetted by EAC at its next meeting for industrial projects. Along with the steel plant and CPP, a cement unit by the group is also on the agenda", said an official source.JSW Steel had originally proposed to set up a 10 mtpa capacity shore-based steel plant in Odisha. It had asked for 4500 acres of land for the steel mill. .

JSW Steel: Firm profit outlook will help sustain sentiment

Even as Q2 was soft, improving realisations in second half and cost benefits will drive profitability

JSW Steel to tweak design of Odisha project

Sources close to the development said JSW Steel has initiated talks with some overseas companies for some technology collaboration for the Odisha project

JSW Steel to tweak Odisha project design, scale up capacity to 12 mtpa

Sajjan Jindal owned JSW Steel is set to redraw its project design for the mega steel plant proposed in Odisha near Paradip. The company is now keen on 12 million tonnes per annum (mtpa) instead of 1o mtpa mill proposed initially."JSW Steel has of late evinced interest to set up a higher capacity steel plant. They have not elaborated on the reasons to go for 12 mtpa project or the technology they are going to introduce", said a senior government official with direct knowledge of the matter.JSW Steel, preferred not to participate in the story. An e-mail questionnaire sent to the company went unanswered.Sources close to the development said, JSW Steel has initiated talks with some overseas companies for some technology collaboration for the Odisha project. The top steel maker is likely to opt for Corex technology for its proposed Odisha steel plant.The reconfigured project plan with use of upgraded technology means JSW Steel would settle for a smaller patch of land for the steel mill. ...

Flat producer JSW Steel to churn higher margins as against state-owned SAIL

Flat steel products find wide application in automobile sector, while long products are used in construction and infrastructure segment

JSW Steel to bid with AION Capital for Monnet Ispat

JSW is reportedly likely to bid for Bhushan Steel and Bhushan Power & Steel, too

JSW Steel looks for partners in Bhushan Steel bid

Sources said JSW Steel was likely to bid 'aggressively' for Bhushan Steel

JSW Steel aims to to increase own iron ore production

The company expects to begin producing ore from mines it won in a recent auction

OMC open to long-term linkage pact with JSW Steel

JSW Steel's proposed 10 million tonne steel project in Odisha has moved a step ahead with the state run miner Odisha Mining Corporation (OMC) keen to have a long-term iron ore pact with the steel company.In its proposal, the company has pitched for a long-term agreement for 50 years with state owned Odisha Mining Corporation (OMC) to supply 30 million tonne per annum of iron ore fines at IBM (Indian Bureau of Mines) declared price. JSW Steel has suggested that OMC may engage a Mine Developer cum Operator (MDO) on long-term basis to develop its large mines like Gandhamardhan and Dubuna. The objective is to secure long-term iron ore supplies for the steel plant."We already have the long-term linkage policy as approved by the government. We will be processing the JSW requirement accordingly", said a senior Odisha government official.Usually, OMC signs long-term linkage pact with its iron ore consuming industries for five years. In Odisha, Essar Steel, Visa Steel, Jindal Steel & Power

JSW Steel to spend Rs 8k cr per year from capex until 2020: Joint MD

Firm has charted out a capex plan of Rs 26,800 cr to be spent over a period of 3 yrs

Looking at acquisitions to maximise steel output: JSW Steel's Seshagiri Rao

The Sajjan Jindal-owned JSW Steel is in talks with Algeria's Cevital Group

JSW Steel: Weak Q1 still ahead of expectations

GST-led destocking and steel price correction weighed on performance, but better product mix helped

JSW Steel quarterly profit falls 44%, but beats estimates

The net profit of steelmaker's first quarter dropped to Rs 6.26 billion

Bhushan Steel's market share, big customers attractive bet for JSW Steel

Bhushan Steel's major stake in an Orissa Sponge mine also makes it attractive to JSW Steel

JSW eyes lion's share in ongoing coal, steel e-auctions

To secure raw material for its operations, domestic steel giant JSW Steel looks to grab maximum number of coal blocks out of six being auctioned for the iron and steel sector. The e-auction of six coal blocks, of which five are located in Jharkhand and one in Madhya Pradesh, for iron and steel making companies started on Friday. The e-bidding is scheduled to end on July 14. A JSW Steel official, who did not wish to be quoted, said, "For Jharkhand, we are very aggressive. We have already announced a plant there and in Odisha. In Jharkhand, whatever is put on auction we will participate." In the fifth tranche of coal block sale for production of iron ore and steel, the government has put under the hammer five mines -- Brahmadiha, Choritand Tiliaya, Jogeshwar & Khas Jogeshwar, Rabodih OCP and Rohne -- located in Jharkhand. JSW Steel has got environment clearance for a 10 million tonnes per annum (MTPA) capacity integrated steel unit and a 900 mw captive power plant to

JSW Steel's arm records 12% growth, profit up by Rs 21 cr in FY17

JSWSPCL was set up as a steel service centre with an annual slitting capacity of 6.5 lakh tonnes

JSW keen to buy stressed steel assets, create $1-bn war chest

Shareholder's approval to raise $1 bn in foreign currency convertible bonds through ADR/GDR