JSW Steel and South Korea’s Posco to invest Rs 65,000 cr in 18 MMT steel plant in Odisha
Bhubaneswar: India’s JSW Steel and South Korea’s Posco are set to invest Rs 65,000 crore ($7.73 billion) in a planned steel plant in India over the next few years, Reuters reported.
Mumbai/IBNS: JSW Steel has entered into a strategic partnership with South Korea’s POSCO to collaborate on steelmaking, electric vehicle (EV) batteries, and renewable energy initiatives.
JSW Steel Q2FY25 net profit drops 85% YoY to Rs 404 cr on cheap steel imports
Mumbai: JSW Steel Ltd Friday reported an 85% year-on-year decline in consolidated net profit for the quarter ended September 30, 2024, at Rs 404 crore, impacted by a rise in imports of cheaper finished steel that pushed domestic prices to three-year lows, media reports said.
Mumbai: JSW Steel on Friday said it will acquire a 100% stake in Thyssenkrupp Electrical Steel India jointly with Japan's JFE Steel Corp for Rs 4,051.4 crore.
JSW Steel secures MUFG funding for Australian coking coal mining company acquisition: Report
Mumbai: JSW Steel Ltd, led by Sajjan Jindal, has secured financing from Japan's MUFG Group for its acquisition of a coking coal mining company in Australia, Moneycontrol reported.
JSW Steel Q4FY24 PAT drops 64% YoY to Rs 1,299 cr
Mumbai: JSW Steel reported a 64% year-on-year (YoY) decline in consolidated net profit for the quarter ended March 2024 to Rs 1,299 crore, compared to Rs 3,664 crore in the same period last year.
JSW Steel USA to enhance slab casting infra at Ohio Plant in partnership with Primetals Technologies
Primetals Technologies and JSW Steel USA have entered into an agreement to upgrade the slab casting infrastructure at its Mingo Junction, Ohio, plant, a press release said.
JSW Steel gets back to profitable position with Rs 2,773 cr net profit in Q2FY24
Mumbai: JSW Steel marked a return to profitability with a consolidated net profit of Rs 2,773 crore for the July-September period.
JSW Steel's crude steel production grows 10% YoY to 20.39 lakh tonnes in July
Kolkata: JSW Steel on Thursday reported consolidated crude steel production for July at 20.39 lakh tonnes, up 12% YoY against 18.25 lakh tonnes in the corresponding month in 2022.
JSW Steel Q4FY23 net profit grows 13.29% to Rs 3,664 cr
Mumbai: JSW Steel announced on Friday reported a consolidated net profit of Rs 3,664 crore for the quarter ending in March 2023, marking a 13.29 percent increase compared to Rs 3,234 crore in the same quarter of the previous year.
Telangana Govt invites JSW Steel to set up factory in Bayyaram
Hyderabad/ Mumbai: Telangana Minister for Industries K T Rama Rao (KTR) on Thursday assured JSW steel Chairman and MD Sajjan Jindal of complete cooperation if the company sets up a steel factory in Bayyaram in the state.
JSW Steel gets green nod clearance for ISP project in Odisha
Mumbai: JSW Utkal Steel Ltd (JUSL), a wholly-owned subsidiary of JSW Steel Ltd, on April 11 received environmental clearance from the Union Ministry of Environment and Forest and Climate Change (MoEF&CC) for setting up a greenfield Integrated Steel Plant (ISP) of 13.2 million tonnes per annum (MTPA) crude steel in Odisha state.
JSW Steel Q3 PAT jumps 69 pc to Rs 4516 crore
Mumbai/UNI: Sajjan Jindal-led JSW Steel on Friday reported a 69.2 per cent increase in consolidated net profit for the quarter ended December 31, 2021 at Rs 4516 crore.
JSW Cement unveils new marketing campaign with Sourav Ganguly and Sunil Chhetri as brand ambassadors
Kolkata/IBNS: Get ready to watch two of India’s top sportspersons, Sourav Ganguly and Sunil Chhetri, on JSW Cement’s new marketing campaign featuring Indian sports celebrities.
JSW Steel announces new TV campaign to support its fight against counterfeit steel
Mumbai, Mar 15 (IBNS): Steel major JSW Steel on Thursday said it is launching a new TV campaign under the theme 'Asli JSW Colouron+ sheet wahi jiski quality marking mithe nahi".