JSW Steel news headlines and latest press reports.

JSW Steel News

JSW Steel-JFE JV to acquire Thyssenkrupp Co for Rs 4kcr
germany investment steel tks
Sat, 19 Oct 2024 00:00:00 GMT
JSW Steel and JFE Steel Corp's joint venture acquires Thyssenkrupp Electrical Steel India for 4,051.40 crore, including technology transfer. The acquisition provides market access for grain-oriented electrical steel, used in transformers and generators, manufactured at TKES India's Nashik plant. JSW Steel foresees rapid market growth in this


JSW Steels crude steel production rises 7% YoY in Q2 FY25
india jsw production steel
Fri, 11 Oct 2024 00:00:00 GMT
JSW Steel informed that its consolidated crude steel production for the Q2 FY25 was at 6.77 million tonnes, which is higher by 7% as compared with 6.34 million tonnes reported in Q2 FY24. Sequentially, the production volume grew by 7%. The steel maker had recorded production volume of 6.35 million tonnes in Q1 of FY 2024-25. Further, the capacity utilisation level at the companys Indian operations stood at 91% for the quarter. The India division has recorded its highest ever quarterly steel


Jindal Group to acquire Vitkovice Steel
czechia jspl steel
Thu, 10 Oct 2024 00:00:00 GMT
Jindal Steel Group will acquire a 100% stake in Vitkovice Steel, says the Czech plate maker. This...


Indian steel stocks get a Chinese stimulus
india steel tata
Fri, 04 Oct 2024 00:00:00 GMT
Brokerage Morgan Stanley has upgraded shares of JSW Steel and Jindal Steel and Power to 'overweight' from 'equal-weight', while Tata Steel is now rated 'equal-weight' as compared to 'underweight' earlier. Nomura India has also initiated coverage on both JSW Steel and Jindal Steel with a 'buy'


Jindal Steel Bets Big on Green Hydrogen
ghg india investment jspl steel
Tue, 17 Sep 2024 00:00:00 GMT
Jindal Steel (JSPL) and Jindal Renewables (JRPL) have announced a landmark Memorandum of Understanding (MOU) to implement Indias biggest investment in green


Visionary Budget for 'Viksit' Bharat
india steel
Wed, 24 Jul 2024 00:00:00 GMT
Mr Naveen Jindal, President of Indian Steel Association shares his view on the Union Budget 2024.


JSW Steel Q1 net profit expected to drop amid weak revenue and ...
jsw results steel
Fri, 19 Jul 2024 00:00:00 GMT
JSW Steel Ltd is expected to report a drop in net profit for the June quarter due to weak revenue, despite lower raw material costs providing some relief. Earnings will be announced on July 19. JSW Steels consolidated net profit for the June quarter is expected to be Rs 921 crore, down 29 percent sequentially and 61 percent year-on-year, based on nine brokerage estimates polled by Moneycontrol. Consolidated revenue is projected at Rs 44,651 crore, down 3.5 percent QoQ but up 5.77 percent


Naveen Jindal leads India Steel Association delegation to meet ...
india jspl steel
Tue, 09 Jul 2024 00:00:00 GMT
A delegation of the Indian Steel Association led by the chairman of Jindal Steel & Power, Naveen Jindal, on Tuesday, met the newly appointed Odisha chief minister Mohan Charan


JSW Steel & JFE Steel begin pilot demonstration of advanced ...
investment jsw steel
Mon, 01 Jul 2024 00:00:00 GMT
JSW Steel Limited and JFE Steel Corporation have commenced pilot demonstration of cloud-based Cyber Physical System technologies for


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