Export duty on steel was imposed to control inflation: JSW chairmanTue, 22 Nov 2022 00:00:00 GMT
The government had levied export duty on steel to control inflation which has now come down, JSW Group Chairman Sajjan Jindal said on Monday. He made the remarks reacting to the governments action of removing the export duty on steel items. Duty was brought in because there was huge pressure on inflation and government wanted to cool down the inflation and the industry supported the government in the efforts, he told PTI on the sidelines of the 3rd Indian Steel Association (ISA) Conclave
Indian steel sector upswing is largely propelled by domestic ...Sat, 12 Nov 2022 00:00:00 GMT
The Indian steel sector is the best among major economies given the favourable situation in the country, Jindal Steel and Power Limiteds (JSPL) managing director Bimlendra Jha said on Friday. He credited domestic demand on the back of initiatives like Atmanirbhar Bharat and Make in India for the growth of the countrys steel industry. JSPL MD said that steel companies should think from the perspective of partaking in Indias growth story against all the doom visible across the globe.
JSW Steel eyes 50 MT capacity by 2030 via greenfield, brownfield ...Fri, 04 Nov 2022 00:00:00 GMT
Sajjan Jindal-led JSW Steel is eyeing a capacity of 50 million tonne (mt) by 2030 mirroring the countrys growth. Speaking on the sidelines of a session organised by the Indian Chamber of Commerce (ICC) in Kolkata, Jindal said JSW Steels current capacity is 27 million, which could increase to 50 mt by 2030 through greenfield and brownfield options. Jindals growth plans are in sync with the countrys target of doubling crude steel capacity to 300 mt of crude steel capacity in the next 9-10
Don't see further price correction: JSW SteelSun, 23 Oct 2022 00:00:00 GMT
JSW Steel official does not foresee any shift in policy on export duty in the near term but said the abolition of it would have increased steel exports helping greater utilisation of idle
POSCO Holdings chief elected worldsteel chairmanWed, 19 Oct 2022 00:00:00 GMT
Posco Holdings chief executive Jeong-Woo Choi has been elected worldsteel chairman for one year from 18 October. Last years chairman, Sajjan Jindal, becomes vice chairman, as does Nucor chief executive Leon Topalian. Severstal chairman Alexey Mordashov has been re-elected to the executive committee, despite falling under EU sanctions earlier this year. The steelmaker is
JSW Steel registers sequential decline in Q2 productionTue, 11 Oct 2022 00:00:00 GMT
This drop in production was attributable mainly to extended maintenance shutdown in JSW Ispat Special Products, subdued market conditions in US and lower capacity utilisation in other locations in India JSW Steel registers sequential decline in Q2 steel productionGovernments export duty on steel products is beginning to hurt production schedule of domestic steel producers with private sector steel maker JSW Steel reporting a 3% decline in crude steel production sequentially in
JSW, Japan's JFE plan to invest $1 billion in specialty steelThu, 29 Sep 2022 00:00:00 GMT
A feasibility study commissioned by the two companies last year for manufacturing grain oriented electrical steel in India was close to completion and they would be ready to take a call on the project by December, according to Seshagiri Rao, joint managing director of JSW
JSW Steel ropes in BCG to work on decarbonisation goalsMon, 18 Jul 2022 00:00:00 GMT
According to a ministry document, the iron and steel industry globally accounts for around 8 per cent of total carbon dioxide (CO2) emissions on an annual basis, whereas in India, it contributes 12 per cent to the total CO2 emissions. JSW Steel has an ambitious target of reducing its carbon emission by 42 per cent by 2029-30 versus base year
JSW Steel crude steel production in May jumps 31 per centWed, 15 Jun 2022 00:00:00 GMT
The flagship company of the USD 22 billion JSW Group stated that production of flat-rolled products also expanded by 29 per cent to 12.84 lakh tonnes for the month compared to 9.99 lakh tonnes in the same month last
Export levy batters steelmakers on Dalal StreetTue, 24 May 2022 00:00:00 GMT
Analysts at brokerages such as CLSA, IIFL Securities and ICICI Securities downgraded stocks such as Tata Steel, JSW Steel and Jindal
Stock market update: Stocks that hit 52-week lows on NSEMon, 23 May 2022 00:00:00 GMT
Tata Steel, JSW Steel, Hindalco, ONGC and ITC were among the top losers on NSE.
Sensex falls But these stocks gained over 10% on BSEMon, 23 May 2022 00:00:00 GMT
JSW Steel, Tata Steel, Divis Labs, ONGC and Hindalco were among the top losers on NSE in today's trade.
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