Page 10 - Jsw Steel

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

ArcelorMittal, JSW Steel among six firms keen on buying Uttam Galva Steel

Uttam Galva's total admitted claims are Rs 9,070.66 crore, with ArcelorMittal having an 87 per cent voting share among financial creditors

Smaller steel producers trail top six players in scaling up production

Shortage of iron ore, spike in input costs are the major impediments

JSW Steel sees mettle in bankrupt asset amid upturn in steel market

An upturn in the steel market has prompted the country's third-largest steel producer to up the ante on acquiring Bhushan Power

JSW Steel sweetens offer by Rs 400 cr to close Bhushan Power deal

Proposal was made last week, payment subject to bank guarantee or indemnity from lenders, so that in case SC rejects resolution plan, settlement amount will be reversed

Global price hikes strengthen steel manufacturers; sectoral m-cap up 43%

The top 13 iron and steel firms now have a combined m-cap of Rs 2.45 trillion, up from Rs 1.7 trillion at the beginning of October

JSW Steel set to acquire land for 13 mn tonne steel plant in Odisha

Domestic steel major JSW Steel is in the process of acquiring land at Jagatsinghpur in Odisha where it has proposed to set up a 13.2 MTPA greenfield steel plant, a top company official said

Sharp demand recovery in cement, realty showing animal spirit: Parth Jindal

With an aim to up its market share and enhance capacity, Parth Jindal, managing director of JSW Cement, has strong plans for the cement business

Goa govt issues demand notice to JSW Steel to pay Rs 156 cr in 15 days

The Goa government has issued a demand notice to JSW Steel Ltd, handling coal at Mormugao Port Trust (MPT), to pay Rs 156.34 crore in the form of Goa Rural Improvement and Welfare Cess

Tata Steel, JSW Steel: Metal stocks poised for further upside, charts show

Nifty Metal has successfully conquered the 2,500 mark and is set to move towards 200-WMA, which stands at 2,969 levels.

JSW Steel offers preferential pricing to small businesses, assures supply

Personalised services will enable MSMEs to compete internationally, says steel company.

Adani Green Energy, Laurus Labs among top value creators in Samvat 2076

Meanwhile, Dr Reddy's Laboratories, Cipla, Infosys, HCL Technologies were up between 25 per cent and 75 per cent.

Steel set to get costlier by 10-20% for auto manufacturers amid recovery

Though steel companies had to wait to finalise prices, the wait may have proved advantageous for them. Prices have been on an upswing since the country started unlocking