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JSW Group to Invest ₹1.2 Trillion in Karnataka – Bengaluru

JSW Group chairman Sajjan Jindal on Friday announced an investment of ₹1.2 lakh crore in the state in a boost to Karnataka’s industrial and...

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Steel Stocks Drop on Trump’s New Tariff Imposition on Imports

Shares of steel and aluminum declined on Monday as Trump put a new blanket tariff of 25% on all steel and aluminium imports....

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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...

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Steel Giants Dominate 11th Round of India’s Commercial Coal Auction

As much as this comes as good news for the coal sector in India, there were 70 bids received from some of India’s...

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JSW Steel Finalizes ₹4,158 Crore Acquisition of Thyssenkrupp Electrical Steel India

JSW Steel has completed the acquisition of Thyssenkrupp Electrical Steel India Private Limited, better known as tkES India, through its wholly owned subsidiary...

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JSW Steel Renounces Coal and Iron Ore Mines, Incurs ₹445 Crore Write-Off

India’s largest steel maker, JSW Steel, announced a significant financial adjustment Thursday by writing off ₹445 crore to surrender coal and iron ore...

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Centre Mulls Review of Import Barriers as MSMEs Protest Steel Protectionist Measures

In a growing debate on the impact of import restrictions on various sectors, the Indian government may review the protective barriers that currently...

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JSW Steel Seeks Upto $900 mn for Syndicated Loan to Expand

JSW Steel Ltd, India’s largest steel manufacturer, is on a lender hunt to raise $900m in loans from a pool of international lenders...

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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...

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JSW Steel Sees Growth in Crude Steel Production with 2.3% Rise to 7.03 million Tonne MT

JSW Steel, under its CEO Sajjan Jindal, delivered a 2.3 percent growth in the company’s crude steel production as reported in consolidated Q3...