Page 35 - Jsw Steel

JSW Steel beats estimate; April-June consolidated net profit at Rs 23.39 bn

Increased volumes, better realisations in both overseas and domestic market lend strong support to bottom line

JSW Steel aims to turn around insolvent Monnet Ispat in a year

Monnet Ispat will merge with the parent "to sell products under JSW brand"

JSW Steel gears up for next phase of growth, plans to raise Rs 250 bn

JSW is also investing in iron ore and coking coal mines, as part of a de-risking strategy

JSW Steel tweaks acquisition strategy, to acquire smaller plants: Executive

JSW Steel, India's biggest steelmaker in terms of domestic capacity, failed to outbid rival Tata Steel in March for bankrupt steelmaker Bhushan Steel

JSW Steel wants to have 10 mt global footprint, says Seshagiri Rao

Caution is necessary while bidding (for stressed assets). We will be looking at the cycle average rather than looking at the current situation, said Rao

JSW Steel to invest Rs 75 bn in Karnataka to expand Vijayanagar facility

JSW Vijayanagar Works is the largest single location steel manufacturing unit in India

JSW Steel plans to invest up to $500 million in Acero Junction

The integrated steel-making unit in Ohio was acquired as part of the recently concluded Acero Junction Holdings deal

JSW Steel to invest up to $500 mn to acquire, upgrade Acero Junction Inc

Acero Junction Inc, an integrated steel manufacturing unit with a potential capacity of 3 million tonne per annum, is located in Ohio

JSW Steel plans bid for ArcelorMittal's Galati plant in Romania

Bank of America-Merrill Lynch is handling the sale, which it aims to complete by the end of 2018

JSW Steel signs deal with Cevital to buy Aferpi for Rs 6 billion

The acquisition would help JSW Steel expand its reach in the specialised steel market, especially in the automobile sector

JSW Steel Q4 net profit jumps 3-fold to Rs 28.79 billion

JSW Steel is a part of the diversified JSW Group, which has presence in steel, energy, infrastructure, cement and JSW Ventures

JSW Steel's April crude steel production up 6% at 1.36 million tonnes

JSW Steel is a part of the diversified JSW Group, which has presence in steel, energy, infrastructure, cement and JSW Ventures

Game of two: Tatas, JSW likely to corner 33% of Indian steel market

Arcelor Mittal, one of the world's largest steel players, has nothing in India. It has sold its stake in Uttam Galva

Ineligible ArcelorMittal pointing fingers at others' eligibility: JSW CFO

JSW Steel has been declared as an eligible resolution applicant, says Seshagiri Rao, joint managing director and group chief financial officer

JSW Steel to invest $500 mn in Texas to improve capacity utilisation

At present, the JSW mill's capacity utilisation is less than 30%

JSW Steel to invest up to $500 mn in Texas plant amid looming trade war

The capex plan, which will be completed by March 2020, includes setting up a melt manufacture contiguous plate and pipe facility in Texas

Fitch gives stable outlook for JSW Steel's proposed senior unsecured notes

Company has shown interest in three assets keeping minority stake, ring-fencing itself from their liabilities

Moody's upgrades JSW Steel's corporate family rating to Ba2 from Ba3

Last week, Fitch Ratings also revised its outlook on JSW Steel to 'stable' from 'negative'

JSW Steel's 12-mn-tonne plant hits land transfer roadblock from forest dept

Same land had been okayed for Posco, but since cleareance was project-specific, JSW will have to apply afresh

JSW Steel beats expectations, records 140% surge in third-quarter profit

JSW Steel's third quarter crude steel production was up 7 per cent to an all-time high of 4.11 million tons