JSW Steel Limited, the flagship company of the Mumbai-based JSW Group, reported a 4% increase in production of crude steel in May 2019. JSW produced 14.53 lakh tonnes of crude steel during the period, compared to the 13.99 lakh tonnes produced a year ago. Besides crude steel, the company also produces long rolled products as […]
JSW Steel Limited, the flagship company of the Mumbai-based JSW Group, reported a 3% decline in production of crude steel in the fourth quarter of Financial Year 2019. JSW produced 4.17 million tonnes of crude steel during this period, compared to the 4.31 million tonnes produced a year ago. Besides crude steel, the company also […]
JSW Steel Limited, the flagship company of the Mumbai-based JSW Group, has reported a 6% dip in production of crude steel in February. While the company produced 13.33 lakh tonnes of crude steel in February last year, output fell to 12.57 lakh tonnes this year. This is also a slip from the crude steel output […]
JSW Energy Ltd reported a sharp decline in its profit on a sequential basis due to a steep increase in fuel costs, but the company’s numbers were an improvement on a year-on-year basis. The company’s profit before tax fell to just Rs 70 cr from Rs 417 cr in the preceding quarter due to lower […]
JSW steel said its monthly crude steel production jumped 27% in August to 13.52 lakh ton. Production of flat rolled products was up by 15% to 9.71 lakh tonnes. Output of long rolled products jumped 24% to 2.51 lakh tonnes, the steel company said. It said that the output of crude steel for the month […]
Jindal Steel and Power said that it has secured coal supply of 1.18 million tonnes per year (MTPA) for 5 years for its 540 + 134 MW captive power generation plants in Dongamahua and Raigarh in Chhattisgarh. The long‐term linkage will ensure steady and assured supply of coal for the captive power plants, thereby enhancing […]
JSW Steel acquired JSW Praxair Oxygen Private (JPOPL) by purchasing the remaining 74% shares for Rs. 240 crores, said the company. JSW steel currently holds 26% of the equity shares of JPOPL and post the aforesaid acquisition, JPOPL would become a wholly owned subsidiary of the Company. JPOPL is engaged in the business of production […]
Welspun Enterprises Limited (WEPL), part of the $ 3 billion Welspun Group today completed the sale of Welspun Maxsteel Limited (WMSL) to JSW Steel Limited (JSW). The two companies had agreed to the transaction on 18th August 2014. The deal which included the sale of the entire shareholding of WMSL held by WEPL to JSW […]
