JSW Steel News

IndiGo, Tata Steel, State Bank likely to be in limelight today
Thu, 02 Apr 2020 23:54:38 GMT
IndiGo, Tata Steel and State Bank of India likely to be positive while Sun Pharma may be in the negative territory.


SAIL Bhilai Plant records a 42% growth in production of prime ...
Wed, 01 Apr 2020 00:00:00 GMT
During the same period, the plant also posted a 30% growth in overall production of prime rails. Bhilai Steel Plant, which supplies rails to the Indian Railways, ended the fiscal 2019-20 with a cumulative production of 12.85 lakh tonne of UTS 90 prime rails, thereby registering a growth of 30% over the volume of prime UTS 90 rails produced over


SEAISI Press Release
Fri, 27 Mar 2020 00:00:00 GMT
Indias crude steel output grows 1.5 per cent to 9.56 million tonnes in February: worldsteel


SEAISI Press Release
Wed, 04 Mar 2020 00:00:00 GMT
Coronavirus Boosts Indian Steel Export Prospects as China Chokes


Domestic steel prices under pressure as imports from China resume
Mon, 02 Mar 2020 00:00:00 GMT
India Ratings and Research (Ind-Ra) revised its outlook on the steel sector to negative for 2020-21 from stable. Post a likely price hike effective March 1, Indian steel makers may have to take a hiatus and desist from raising prices for a considerably long period, as imports from China have lately picked up after a near stoppage due to the coronavirus pandemic. Since the second week of October, 2019 when domestic steel prices plunged to a 34-month low of Rs 34,250 per tonne, domestic steel


SEAISI Press Release
Fri, 28 Feb 2020 00:00:00 GMT
India Ratings lowers domestic steel sector outlook for FY21 to negative


Uncertainty Destabilises Steel Trade in the Emerging Markets
Thu, 27 Feb 2020 15:56:00 GMT
Flat product prices increased in Brazil, Russia and India, this month. In contrast, reductions were noted in China, amid the coronavirus outbreak. Uncertainty continues to unsettle steel purchasing


NCLAT gives approval to JSW Steel to acquire Bhushan Power
Tue, 18 Feb 2020 00:00:00 GMT
A two-member bench headed by Chairman Justice S J Mukhopadhaya, said that JSW Steel will be immune from the acts done by the former promoters of the Bhushan Power & Steel Ltd. However, it also said that prosecution against the former promoters under the money laundering act by the Enforcement Directorate can


India: Creating a valued-added steel industry
Wed, 12 Feb 2020 00:00:00 GMT
India produced 106.54 million tonne of liquid steel in the last fiscal and came second in the global ranking tally. However, at the same time we were a net importer of finished steel in the last fiscal and significantly dependent on overseas supplies for value-added steels. If we keenly observe the overall steel product mix, the share of the value-added finished product is very low at 8-10%. This is not only a major impediment in the growth of manufacturing, heavy industry, precision


SEAISI Press Release
Wed, 12 Feb 2020 00:00:00 GMT
Coronavirus impact: Indian steel sector on high alert


JSW Steel keen on acquiring more iron ore mines in Odisha
Fri, 07 Feb 2020 00:00:00 GMT
In January, a news agency report had said the Utkal Steel Project at Jagatsinghpur in Paradeep would cost Rs 53,700 crore. Reports earlier had said JSW had not yet received the 2,980 acres it was seeking for the integrated steel


EU Finished Steel Imports in 9 Months Dip by 14% YoY
Tue, 04 Feb 2020 21:31:00 GMT
EUROFER latest report showed that total imports of steel products into the EU28 ... but with steeper falls in imports, such as Brazil, India, Taiwan, and South Korea. The only exceptions were


SEAISI Press Release
Fri, 31 Jan 2020 00:00:00 GMT
India seeks WTO comments on proposal to bring more steel items under quality control


Bidder JSW Steel a related party, can't be given immunity: ED ...
Thu, 30 Jan 2020 00:00:00 GMT
Bhushan Powers former promoters are facing charges of financial irregularities and money laundering. In an affidavit filed in the National Company Law Appellate Tribunal, the ED said JSW and Bhushan Power are related parties through a joint


JSW Steel arm completes sale of 39% stake in Georgian JV firm
Wed, 29 Jan 2020 00:00:00 GMT
JSW Steel (Netherlands) B V has completed the sale of the...39 per cent stake held in Geo Steel LLC to Georgian Steel Group Holdings Ltd, the steel firm said in a filing to


LN Mittal proposes R&D centre in steel in Bengaluru
Wed, 22 Jan 2020 00:00:00 GMT
He mooted the idea to chief minister BS Yediyurappa at Karnataka Pavilion at Davos during the world economic forum (WEF) meet on Wednesday. Top Karnataka officials led by the chief minister inquired about the six-million tonne per annum (MTPA) steel mill he planned to set up at Ballari


NCLAT asks investigative agencies to clarify over JSW Steel's ...
Thu, 16 Jan 2020 00:00:00 GMT
A three-member NCLAT bench headed by Chairperson Justice S J Mukhopadhaya asked the agencies to file their reply affidavits by January 20 stating whether after insertion of section 32 A in the Insolvency and Bankruptcy Code (IBC) last month, JSW Steel has immunity from the alleged fraud committed by the previous BPSL


NCLAT seeks clarity from govt, agencies on JSW Steel immunity
Mon, 13 Jan 2020 00:00:00 GMT
ED had in October last year attached Bhushan Power and Steels Rs 4,025-crore worth of land, buildings, plant and machinery in Odisha in a case related to the alleged diversion of bank funds, stalling the implementation of JSW Steel's Rs 19,700-crore resolution


Govt taking steps to meet input challenges in steel sector: SAIL ...
Sat, 21 Dec 2019 00:00:00 GMT
Issues include iron ore allocation, coking coal crunch and high cost of producing steel in India


ArcelorMittal, Nippon Steel complete acquisition of Indias Essar ...
Thu, 19 Dec 2019 23:28:00 GMT
For many years, AM/NS has been investing in countries like the U.S., Brazil and Japan. Its India plans include an intention to increase finished steel shipments to 8.5 mtpa over the medium term, The


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