• Tag results for JSW Steel

JSW Steel may raise additional long-term resources via rights issue

If acquired, JSW Steel is exploring to merge the stressed assets of the both companies into its books post turnaround of the stressed assets.

published on : 21st October 2018

JSW Steel emerges as preferred bidder for iron ore mine in Karnataka 

Four more iron ore mines in Karanataka were auctioned in September, the steel ministry said in another document.

published on : 21st October 2018

India is the brightest spot for steel sector till 2019: Moody's

India’s steel sector consolidation will drive improvement in the industry’s capacity utilisation levels and mute the pressure on profitability, Moody's said.

published on : 11th September 2018

JSW Steel emerges highest bidder for Bhushan Power

JSW Steel has emerged as the front-runner to acquire the stressed Bhushan Power and Steel, with a revised offer of Rs 19,700 crore in the final round of bidding, sources said.

published on : 15th August 2018

JSW Steel profit rises fourfold

Its consolidated earnings before interest, tax, depreciation and amortisation nearly doubled YoY to Rs 5,105 crore, while margin increased from 17.3 per cent to 24.8 per cent, over 700 basis points.

published on : 26th July 2018

JSW Steel set to buy Aferpi for 55 million euros

JSW Steel has signed a deal with Algeria’s Cevital Group to buy Italy’s second largest steel plant Aferpi, formerly known as Lucchini, and two other facilities for a cash consideration of 55 million e

published on : 19th May 2018

JSW Steel to invest up to USD 500 million in Texas

Amid the incoming US import tariffs on steel and aluminum, homegrown JSW Steel, on Monday said its US unit will invest up to $500 million to expand its Texas operations.

published on : 27th March 2018

Tata Steel selected as successful applicant to buy Bhushan Steel

Tata Steel and India's biggest domestic steelmaker JSW Steel Ltd were the two primary industry bidders for the acquisition of Bhushan Steel.

published on : 23rd March 2018

JSW Steel seeks land,green nod for mega steel plant at Paradip in Odisha

The Sajjan Jindal-controlled JSW Steel has sought permission to acquire 2,980 acres to set up a mega steel plant at Paradip in Odisha and has also sought the green nod for the same.

published on : 4th February 2018

JSW Steel Q3 net profit soars over two-fold to Rs 1,774 crore

Shares of JSW Steel today ended 0.19 per cent higher at Rs 290.15 apiece on the BSE.

published on : 31st January 2018

Steel gets pricier as iron ore players hike rates

The  third straight price hike in three months by both state-run and private iron ore producers is starting to drive up the value of steel products.

published on : 5th January 2018

JSW Steel Q1 net plunges 44 percent on flat production, higher input costs

The decline was attributed to flat crude steel production and higher prices of inputs like iron ore, fluxes and power.     

published on : 1st August 2017