Tag: jsw steel

JSW Steel, South Korea’s POSCO Group join hands to set up 6 MTPA steel plant in India

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JSW Steel, South Korea’s POSCO Group join hands to set up 6 MTPA steel plant in India

Jayant Acharya, Joint MD & CEO, JSW Steel. Photo: Special Arrangement Homegrown JSW Steel and the POSCO Group of South Korea have joined hands to explore setting up a 6 million tonnes per annum (MTPA) steel plant in India. As part of the next steps, JSW and POSCO will undertake a detailed feasibility study to…

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JSW Steel, Japan’s JFE to invest ₹58 billion to boost electrical steel output

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JSW Steel, Japan’s JFE to invest ₹58 billion to boost electrical steel output

JSW JFE Electrical Steel will raise production of the steel at its Nashik plant to 2,50,000 tons per annum from the current 50,000 TPA. | Photo Credit: Reuters A joint venture between JSW Steel and Japan’s JFE Steel will invest ₹58.45 billion to expand production capacity of cold rolled grain-oriented electrical steel across two Indian…

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Zomato shares climb nearly 4% on BSE Sensex inclusion; JSW Steel down by 2%

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Zomato shares climb nearly 4% on BSE Sensex inclusion; JSW Steel down by 2%

Shares of online food delivery firm Zomato climbed nearly 4%. File | Photo Credit: REUTERS Shares of online food delivery firm Zomato climbed nearly 4% on Monday (November 25, 2024) following news that it will become a part of the BSE benchmark Sensex from December 23. The stock jumped 3.58% to settle at ₹273.60 on…

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JSW Steel Q2 net profit falls more than 85% to ₹404 crore; output grows 7% to 6.77 MT

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JSW Steel Q2 net profit falls more than 85% to ₹404 crore; output grows 7% to 6.77 MT

JSW Steel’s expenses were lower at ₹38,644 crore in the quarter under review against ₹40,801 crore in the year-ago quarter. File | Photo Credit: Reuters Steelmaker JSW Steel on Friday (October 25, 2024) reported a steep fall of 85.43% in its consolidated net profit at ₹404 crore in the July-September quarter of the current fiscal,…

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Markets decline in early trade after two days of rally

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Markets decline in early trade after two days of rally

Exchange Data said that FIIs bought equities worth ₹2,208.23 crore on Tuesday (September 10, 2024). File | Photo Credit: Reuters Equity benchmark indices declined in early trade on Wednesday (September 11, 2024) after two days of gains amid selling in Tata Motors and weak trends in Asian markets. The 30-share BSE Sensex fell 111.85 points…

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JSW Steel, JFE Corporation to set up electrical steel facility in India with ₹5,500 crore investment

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JSW Steel, JFE Corporation to set up electrical steel facility in India with ₹5,500 crore investment

JSW Steel Limited is a leading integrated steel producer with a presence in India and international markets. File | Photo Credit: Reuters JSW Steel on Tuesday announced plans to set up a grain oriented electrical steel manufacturing facility through a joint venture with JFE Steel Corporation at an estimated investment of ₹5,500 crore. Japan-bases JFE…

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