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Jindal Steel and Power to Rebrand as ‘Jindal Steel’; Reports ₹304 Cr Q4 Loss

Jindal Steel and Power Ltd (JSPL) will get a radical brand transformation, stripping “Power” from the group name to place greater emphasis on...

NewsSteel DailyTrending News

JSPL Acquires Allied Strips for $26 Million to Boost Value-Added Steel Capacity

To enhance its value-added steel portfolio, Jindal Steel and Power Limited (JSPL) has announced its acquisition of Allied Strips Limited (ASL) for $26 million....

NewsSteel DailyTrending News

Steel Mills Cut Production as Imports Surge, Trade Deficit Widens

In a development that could put upward pressure on domestic steel prices, key Indian steel makers, barring Jindal Steel and Power Ltd (JSPL) have...

NewsSteel DailyStocks

Steel Stocks Surge: Five Key Drivers Behind the Market Rally

The sectoral leader at Friday’s session was the Nifty Metal Index, which ended sharply higher, riding the wind after the monetary policy announcement...

NewsSteel Daily

JSPL to Upgrade Steckel Mill with Danieli’s Advanced Cooling Technology

Indian steel producer Jindal Steel and Power Limited has opted to modernize its Steckel mill in Raigarh, India. It has chosen Italian plant...

NewsSteel Daily

Tata Steel and JSW Steel Grapple with Shrinking Cash Reserves Amid Industry Challenges

The two largest steelmakers in India are swiftly burning holes in their pockets. Analysts, therefore, get worried about servicing debt and financing big...