JSW Steel
China’s Steel Surge Pressures Indian Giants as Fitch Lowers Rating Headroom
India’s steel industry is feeling the heat as Fitch Ratings downgraded the rating headroom for JSW Steel and Tata Steel. The agency cited...
Trump’s Steel Tariffs Intensify India’s Case for Safeguard Duties
An announcement on the safeguard duty, which has been anticipated by the Indian steel industry, was widely expected in the first two weeks of...
NHAI Tightens Quality Control for Reinforcement Steel in Infrastructure Projects
National Highways Authority of India (NHAI) has overhauled its quality control system for reinforcement steel used in government infrastructure projects. A recent policy circular...
India Plans Tax on Some Low-Cost Steel Imports from China
Temporary levy of 15%-25% on China-origin steel imports within 6 months scrapped Steel Minister H.D. Kumaraswamy said the move was aimed at protecting local manufacturers...
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...
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....
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...
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...
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...
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...
