In what could turn out to be one of the biggest deals in the domestic steel market, Japans second largest steel firm, JFE Steel, is close to acquiring around 10% stake in Indias second largest steel producer, the Sajjan Jindal-led JSW Steel. The deal is seen as significant by analysts since the dom
The government will revise the capacity addition target of steel companies by 2012 after a meeting with private sector producers such as Tata Steel, JSW and Essar shortly, Parliament was informed today.
Mumbai, March 5 JSW Steels crude steel production rose 69 per cent in February to 5.02 lakh tonnes (lt) against 2.97 lt recorded in the same period last year, the company said in a press statement. The company achieved 5.42 million tonne of
In what perhaps is an early sign of revival in global steel demand, JSW Steel will be exporting 40,000 tonnes of steel slabs to its US subsidiary, Texas
India’s top private steelmakers including Essar and JSW posted double-digit growth in sales volume with Ispat Industries’ sales rocketing 70% in February 2010, over the year ago period, backed by robust demand from automobile and infrastructure sectors.
Iron ore and coking coal price increases have started kicking in for the steel industry, putting prices under pressure. Steel companies are contemplating a marginal increase for the month. A decision would be taken in the next couple of days, said Jayant Acharya, director (sales and marketing), JSW
An expert environment committee has given its approval to JSWs Rs 1,200-MW coal-based thermal power project in the ecologically sensitive area of Jaigarh, famous for its alphonso mangoes and cashews.
Sajjan Jindal-owned JSW Steel on Sunday said it is evaluating proposals to acquire coal mines overseas to meet its long-term captive requirement and hedge against surging prices of the dry fuel.
JSW
CSR Initiative
An independent Trust, named JSW Foundation, administers the social development initiatives of the JSW group. Mrs. Sangita Jindal chairs the Foundation.
