Page 7 - Jsw Steel
JSW Steel says group combined output grew 29% to 5 MT in Jul-Sep
JSW Steel on Monday posted a 29 per cent year-on-year growth in group combined steel production at 5.07 million tonne (MT) during the quarter ended September 30, 2021. In a statement, it said it had produced 3.92 MT in the July-September period of financial year 2020-21. "JSW Steel reported group combined crude steel production at 5.07 million tonnes for Q2 including the production at jointly controlled entities viz. Bhushan Power & Steel Ltd and JSW Ispat Special Products Ltd (JISPL)," it said. JSW Steel's standalone output rose by 6 per cent 4.10 MT, from 3.85 MT in the year-ago quarter, the statement said. The capacity utilization at standalone level was at 91 per cent in second quarter of ongoing 2021-22 fiscal, it said. Vijayanagar works has taken planned shutdown for campaign repairs of two of its convertors and Salem works has taken an annual shutdown of one of its blast furnaces, due to which the capacity utilisation remained at an average of 91 per cent in this ...
 "JSW Steel says group combined output grew 29% to 5 MT in Jul-Sep")
Losing sheen! Don't lap up metal stocks yet, hint tech charts; here's why
The overall trend for metal stocks seems to be precarious, and a further downside cannot be ruled out
 "Losing sheen! Don't lap up metal stocks yet, hint tech charts; here's why")
Tata Steel, JSW Steel subsidiaries ramp up capacity in tinplate
JSW Coated and JSW Vallabh Tinplate, the wholly owned subsidiaries of JSW Steel, are increasing capacity from 350,000 tonnes to 620,000 tonnes
 "Tata Steel, JSW Steel subsidiaries ramp up capacity in tinplate")
JSW Steel raises $1 billion via bonds issuance in overseas market
The company says it is the first in the steel sector globally to issue an SLB in a hard currency
 "JSW Steel raises $1 billion via bonds issuance in overseas market")
JSW Steel raises $1 bn through bonds issuance in overseas market
JSW Steel on Thursday said it has raised USD 1 billion through issuance of Sustainability Linked Bonds (SLBs) in the overseas market.
JSW Steel eyes $300-400 million cost savings in short-term via digitisation
The company is likely to achieve such savings is 2-3 years; intiative began in 2017
Tata Steel, JSW Steel betting big on tinplate
Tinplate, a packaging medium, is one of the highest value adding downstream products in the flat steel segment.
 "Tata Steel, JSW Steel betting big on tinplate")
Moody's changes JSW Steel's rating outlook to positive, affirms Ba2
Moody's Investors Service has changed the outlook on JSW Steel Ltd and Periama Holdings LLC's ratings to positive from stable.
JSW rolls out across-the-board stock options for steel and energy employees
ESOP to cover 15,000 staff for all grades including workmen, junior, middle, senior management and business leadership
 "JSW rolls out across-the-board stock options for steel and energy employees")
Bull Spread strategy on JSW Steel by Nandish Shah of HDFC Securities
The stock price of JSW Steel has broken out on the daily line chart with higher volumes to close at all-time high levels
Stocks to watch: RIL, ITC, Tata Motors, ICICI Bank, JSW Steel, YES Bank
Cipla is recalling 7,228 bottles of Solifenacin Succinate tablets in the US market due to manufacturing issues
 "Stocks to watch: RIL, ITC, Tata Motors, ICICI Bank, JSW Steel, YES Bank")
'Next quarter, there will be a boom in steel demand': JSW Steel Joint MD
Investment in infrastructure by various governments and energy transition are driving demand for steel, says Seshagiri Rao
 "'Next quarter, there will be a boom in steel demand': JSW Steel Joint MD")
JSW Steel logs highest-ever quarterly net profit of Rs 5,900 cr in Q1
Its revenue from operations rose by a massive 145 per cent to Rs 28,902 crore for the reporting quarter
With massive investment plans, steel leads India Inc's capacity expansion
Several top companies, led by steel majors ArcelorMittal Nippon Steel India (AM/NS India), JSW Steel, Tata Steel and Hindalco, are planning to expand capacity in the next few quarters
 "With massive investment plans, steel leads India Inc's capacity expansion")
JSW Steel reports 10% growth in production to 13.67 lakh tonne in May
JSW Steel on Thursday posted a 10 per cent growth in its crude steel production at 13.67 lakh tonne (LT) during May 2021
JSW Steel sues top US companies, accuses them of stifling competition
US Steel Corp, Nucor Corp. and Cleveland-Cliffs Inc control more than 80 per cent of domestic steelmaking capacity and conspired to cause direct harm to JSW, according to a lawsuit
JSW Group amalgamates large project divisions of steel & cement businesses
The $12 billion JSW Group will now have a single group interface for all its large project divisions in the steel and cement businesses.
NGT forms panel to probe violation of environmental norms by JSW in Raigarh
The National Green Tribunal (NGT) has formed a five-member committee to probe into a plea alleging violation of environmental norms in running the industrial operations by Jindal Steel Works
Metals halt losing run; BSE Metal index gains 2%, JSPL, Tata Steel up 5%
The uptick in metal prices augurs well for domestic metal companies as it would have a positive rub-off on their financial performance, going forward
Karnataka slams the brakes on its decision to sell land to JSW Steel
The BJP-led Karnataka Cabinet made the U-turn following widespread criticism from MLAs of its own party and several petitions pending in various courts
