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Australia's Fortescue teams up with India's JSW Energy for hydrogen ...
Thu, 29 Jul 2021 08:58:04 GMT
Fortescue Future Industries (FFI) has signed the agreement with JSW Future Energy for collaborating on hydrogen mobility, green ammonia and their industrial applications in India. FFI has been criss-crossing the globe signing framework agreements for renewable energy projects but has come under fire from analysts for providing little detail on how its projects would be

JSW Steel's crude steel production up 62% yoy to 4.93 MT
Sat, 10 Jul 2021 00:00:00 GMT
JSW Groups combined crude steel production was at 5.07 million tonnes, registering a growth of 65% y-o-y, including the production jointly controlled entities viz Bhushan Power and Steel Ltd and JSW Ispat Special Products Ltd, the company said in a

Steel makers clock year-on-year increase in production
Wed, 07 Jul 2021 00:00:00 GMT
Among other steel plants, JSW Steel has reported a 10% jump in production in May. However, the company has increased long steel production to 55%, denoting a recovery in infrastructure and

Steel companies likely to add 29 million tonnes capacity in five ...
Fri, 28 May 2021 00:00:00 GMT
Steel companies are looking to restart expansion projects on the back of surging steel prices. In the next five years, about 29 million tonnes capacity is likely to be added, with most of it expected by FY2024. JSW Steel is looking to add 14.8 million tonnes across Dolvi (Maharashtra), Vijaynagar (Karnataka) and at Bhushan Power & Steel facility in Jharsuguda (Odisha). Tata Steel has restarted its five million tonne expansion project at Kalinganagar (Odisha). Jindal Steel & Power

JSWs steel production to take a hit in first quarter, says Seshagiri ...
Thu, 27 May 2021 00:00:00 GMT
JSW Steels steel production will take a hit in the first quarter of the current financial year due to the impact of the ban on the usage of oxygen for industrial purposes. The steel consumption is also expected to be lower as localised lockdowns in several parts of the country are impacting demand. However, the companys management is hopeful that the impact will be limited to one quarter and conditions should improve from the second quarter onwards. Seshagiri Rao MVS, joint managing

JSW Steel's counter-cyclical investment has paid off: Rao
Mon, 24 May 2021 00:00:00 GMT
If you see JSW Steel's track record, we always differentiate ourselves as the investor who does investment in the counter-cyclical environmentWe took a capital expansion plan of Rs 48,000 crore for the last three years and we have done it at the right time, Rao said in an interaction with

JSW Steel examining bid for Sanjeev Gupta's British business
Sat, 22 May 2021 09:00:00 GMT
India's largest steel producer, JSW Steel, is considering a bid to buy Liberty Steel in Britain as well as mills elsewhere, two people familiar with the matter told Reuters - , as would-be buyers circle Sanjeev Gupta's global commodities

Questioned by proxy advisory firm, JSPL defers EGM for related ...
Thu, 20 May 2021 00:00:00 GMT
JSPLs plan was to sell 96.43% in its power business, Jindal Power Ltd (JPL), to a privately held company by its promoter Naveen Jindal. The deal value of Rs 3,015 crore has raised shareholder protests. Sources now say the company will come out with a new structure for shareholder

Steel companies ramp up oxygen production as Maharashtra, Delhi ...
Mon, 26 Apr 2021 00:00:00 GMT
JSW Steel has ramped up its capacities to supply around 900 tonnes of liquid medical oxygen per day against 600 tonnes a week earlier. We estimate the total to reach 20,000 tonnes by April-end, the company said in a note on

Steel prices may take 2 yrs to cool down as demand increases: ...
Mon, 19 Apr 2021 00:00:00 GMT
Steel prices might take at least two years to cool down as its demand is consistently increasing, a top industry excecutive said. During the current financial year, the demand for steel in India is also expected to exceed the production numbers, Jindal Steel and Power Ltd (JSPL) Managing Director V R Sharma told PTI. While the demand in the financial year 2021-22 will be in the range of 140-150 million tonnes (MT), the countrys production is expected to be somewhere around 125 MT, he said.

JSW Steel hits new high on hope of strong recovery in operating ...
Fri, 02 Apr 2021 00:00:00 GMT
Shares of JSW Steel, on Thursday, rose 5 per cent and hit a new high of Rs 490.95 on the BSE in intra-day trade after credit ratings agency Moodys Investors Service changed the outlook on all ratings of the companys instruments to stable from negative, led by strong recovery in operating performance. Moodys, on Wednesday, has affirmed the JSW Steels Ba2 corporate family rating (CFR) and the Ba2 rating on the senior unsecured notes issued by the steel major. The rating agency also

JSW Steel commences production of hot-rolled plates from Dolvi ...
Thu, 01 Apr 2021 00:00:00 GMT
JSW Steel has commenced production of Hot-rolled plates from the new 5 million tonne per annum hot strip mill facility at its Dolvi Works, the company said in a BSE

Number of JSW news reports: 12
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