Page 5 - Jsw Steel

Rising raw material cost pushes steel prices to fresh record highs

Raw material prices had been on the rise, but since Russia waged war on Ukraine, prices surged.

'Very large' cost hike for steel industry can come next qtr: Seshagiri Rao

Senior executive of JSW Steel sees 'distortions in market' after Russian invasion of Ukraine

Amid record high prices, are industrial metals the new oil in India?

Data providers such as Reliance Jio, Airtel and large tech startups such as Flipkart, Paytm have yet to earn big profits, while metal giants are becoming important in an emerging low-carbon world

Sensex slides 366 pts, Nifty below 16,500; auto stocks bleed; IT dazzle

CLOSING BELL: Ultratech Cement, HDFC Life, Asian Paints, Shree Cement, Eicher Motors, SBI Life, and Tata Consumer Products were the top laggards, down up to 6.5 per cent

JSW Steel, JSPL, Balco, others put in 26 bids for 11 coal mines

JSW Steel, Jindal Steel & Power Ltd and Bharat Aluminium Company Ltd were among the 21 firms that put in bids in the latest auction of coal mines, the government said on Wednesday. In all, 26 bids were received for the auction of coal mines under the fourth tranche of sale of coal, the coal ministry said in a statement. Five of the 11 coal mines put on auction received single bids. The Gare Palma IV/6 mine in Chhattisgarh received a maximum of eight bids. The mine was originally allotted jointly to Jindal Stel & Power Ltd (JSPL) and Malwa Sponge Iron Ltd in January 2006 to meet the coal requirement of their respective sponge iron plants in nearby Raigarh and Taraimal districts, respectively. However, the allocations, along with others, were cancelled by the Supreme Court 2014. Utkal B1 & B2 mines in Odisha received six bids, while Chinora in Maharashtra got four and three bids came in for Rabodih OCP in Jharkhand. "The process of 4th tranche of the auction of coal mines ...

JSW Ispat Special Steel to transfer Raipur facilities to subsidiary

The transfer will be made via slump sale to wholly-owned subsidiary Mivaan Steels (MSL)

JSW Steel reports 15% rise in crude steel production for the month of Jan

JSW Steel on Friday reported 15 per cent rise in crude steel production at 16.46 lakh tonne for the month of January. The company's crude steel production was at 14.32 lakh tonne (LT) in January 2021, JSW Steel said in a filing to BSE. "JSW Steel reported the crude steel production for the month of January 2022 at 16.46 lakh tonne, that grew by 15 per cent Y-o-Y on standalone basis," the filing said. The production of its flat-rolled products increased by 23 per cent to 12.47 LT over 10.14 LT in January 2021. Its output of long-rolled products registered a growth of 4 per cent to 3.74 LT, as against 3.59 LT in January 2021. The expansion project at Dolvi works, which commenced commercial operations in November last year is gradually ramping up capacity utilisation. JSW Steel is the flagship business of the diversified USD 13 billion JSW Group. As one of country's leading business houses, JSW Group also has other business interests in sectors such as energy, infrastructure, ceme

JSW Steel Independent Director Malay Mukerjee passes away at 74

Steel company JSW Steel announced the passing away of Malay Mukerjee, who was an independent director on its board.

Good cycle for commodities will continue: JSW Steel's Seshagiri Rao

Steel prices cannot remain at the same level when coking coal prices have increased, says the senior executive

JSW push to see Bhushan Power & Steel post best-ever performance in FY22

Firm has been able to achieve full capacity utilisation; Exports ramped up, accounted for 36% of sales mix in Q3FY22

JSW Steel plans to spend more than $1 billion on cutting emissions

JSW aims to reduce carbon dioxide emissions to 1.95 tonnes for every tonne of steel produced by 2030 from 2.52 tonnes last year

JSW Steel Q3 PAT up 63% YoY to Rs 4,357 cr on robust domestic operations

Strong revenue stream led by automotive, solar, appliance segments push up bottom line

Top headlines: Weekend curfew to stay in Delhi; JSW Steel Q3 net rises 63%

Business Standard bring you the top headlines on Friday

JSW Steel Q3 results: Net profit soars 69% to Rs 4,516 cr

Consolidated total income climbed 74% to Rs 38,225 cr

Sensex dips 427 pts, Nifty below 17,650; HUL adds 3%, Bajaj Finserv down 5%

Stock market LIVE: Sectorally, auto and FMCG were the only gainers on the Nifty wherein the latter was supported by gains in HUL and Asian Paints on the back of their strong Q3 results.

KRBL, JSW Steel: Here's why Anand Rathi is bullish on these stocks

According to Mehul Kothari of Anand Rathi, traders can buy KRBL near the 260-mark with a stop loss of 250 for upside target of 275 in 1 - 2 weeks.

JSW Steel says group's combined output grows 28% to over 5 MT in Oct-Dec

JSW Steel on Tuesday posted a 28 per cent year-on-year growth in group combined steel production at 5.35 million tonnes (MT) during the quarter ended December 30, 2021. In a statement, the JSW Group company said it had produced 4.18 MT in the October-December period of the financial year 2020-21. "JSW Steel reported group's combined crude steel production at 5.35 million tonnes for Q3 FY22, including the production at jointly controlled entity viz. JSW Ispat Special Products Ltd (JISPL)," it said. JSW Steel's standalone output rose by 8 per cent to 4.41 MT from 4.08 MT in the year-ago quarter, the statement said. The capacity utilisation of existing operations at standalone level was at 94 per cent during the third quarter of the ongoing 2021-22 financial year. JSW Steel is the flagship business of the diversified USD 13 billion JSW Group. JSW Group has other business interests also in sectors such as energy, infrastructure, cement, paints, sports and venture capital.

Vodafone Idea, Paytm: Trading strategies for buzzing stocks of the day

Vodafone Idea continues to attract risky traders as medium-term outlook remains robust

Stocks to Watch: TCS, Bajaj Hind, JSW Steel, Yes Bank, Dish Tv, Airlines

TCS likely to be in limelight ahead of Q3 results, share buyback plan; Airline shares may also be in focus amid slump in demand.

JSW Steel to invest Rs 15,000 crore in 5 mn tonne capex at Vijaynagar works

Analysts see capex value accretive; in line with country's consumption growth outlook