jsw steel


JSW Steel to invest Rs 17,600 cr more to up capacity to 24.7 mt

May 16 2018

Sajjan Jindal-led JSW Steel today said the company has decided to invest an additional Rs 17,600 crore for increasing its steel capacity to 24.7 million tonne per annum (mtpa) by 2020.

JSW Steel Q4 net profit jumps 3-fold to Rs 2,879 crore

May 16 2018

Sajjan Jindal-led JSW Steel today reported about three-fold jump in its consolidated net profit to Rs 2,879 crore for the fourth quarter ended March 31.

CCI approves JSW-led consortium bid to acquire Monnet Ispat

May 12 2018

JSW Steel today said the Competition Commission of India has approved bid by a consortium led by it to acquire bankrupt Monnet Ispat and Energy Ltd (MIEL) in an insolvency auction.

JSW Steel output up six percent to 14 LT in April

May 11 2018

Domestic steel giant JSW Steel today reported six percent growth in crude steel production at 13.61 lakh tonne during April 2018.

JSW Steel to buy US-based Acero Junction for $81 million

Mar 29 2018

India’s JSW Steel Ltd said it agreed to buy Acero Junction Holdings for $80.85 million, as it looks to expand its operations in the United States.

Tata Steel selected as successful applicant to buy Bhushan Steel

Mar 23 2018

India’s Tata Steel Ltd said it had been selected as the successful resolution applicant for buying debt-laden Bhushan Steel Ltd.

JSW Steel crude steel output grows 5 pc to 1.33 MT in Feb

Mar 14 2018

Steel major JSW Steel has registered a growth of 5 percent in its crude steel production at 1.33 million tonne (MT) in February, 2018.

Moody's gives Ba2 rating to JSW Steel's proposed bonds

Mar 12 2018

"Moody's Investors Service has assigned a Ba2 rating to JSW Steel's (JSW) proposed senior unsecured bonds. The rating outlook is stable," Moody's said.

Respect Supreme Court order on Goa mines, says Sajjan Jindal

Mar 08 2018

JSW Steel chairman Sajjan Jindal has lauded the SC verdict cancelling the iron ore mining leases in Goa and said the apex court judgement should be respected.

Moody's upgrades JSW Steel bond rating to Ba2

Mar 06 2018

Moody's Investors Service has upgraded JSW Steel's corporate family rating (CFR) and senior unsecured bond rating to Ba2 from Ba3.

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