Page 36 - Jsw Steel

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

JSW Steel gets nod for Rs 50,000-cr mega steel plant in Odisha

Panel approves 10 projects worth Rs 1.10 lakh crore

JSW Steel Q4 net triples to Rs 1,009 cr on higher prices

Revenue from operations rose 52.5% on annual basis to Rs 17,917 cr

India steel booms as JSW aims to double capacity

The Mumbai-based company plans two plants of 10 million metric tonnes each in Odisha and Jharkhand

JSW Steel lines up $1 billion war chest for acquisitions, mines

The company will continue to look to buy assets as long its finances were not stretched

JSW Steel makes offer to buy controlling stake in Monnet Ispat

Sajjan Jindal-led JSW Steel has made an offer to buy controlling stake in Monnet Ispat & Energy Ltd through the strategic debt restructuring (SDR) route. The company is undergoing SDR and lenders, who own 51 per cent stake, are exploring the option of handing over its control and management to outside investors. A source privy to the development said, "JSW Steel has put in final bid and the bankers are considering the offer submitted by JSW Steel. "It is the only company which submitted the final bid. The bid was submitted by the company on February 22." The queries to the companies remained unanswered. The company had earlier said that discussions with the investor are confined to lenders and the management is not involved at this stage. Monnet Ispat has a de-risked business portfolio that encompasses manufacturing and marketing of sponge iron, steel and ferro alloys. MIEL is also engaged in mining of minerals like coal and iron ore.

Buoyed by rise in govt spend, FY18 steel demand to grow 4.5-5%: JSW Steel

Company said it needs to maintain its market share of 15% if steel capacity and demand continue to grow

JSW Steel sole bidder for Monnet Ispat

Monnet's debt increased from Rs 8,606.50 cr in FY13 to Rs 12,499.70 cr in FY15; lenders invoked SDR