JSW Steel

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At small and medium-sized mills, which account for 41 per cent of India's total steel output and employ more than 1.5 million people, capacity utilisation has dropped by nearly a third over the past

From NTPC to Wipro here is a list of stock that will be on investors' radar today

JSW Steel plans to purchase 2,500 metric tons, while SAIL aims to secure 75,000 metric tons of coking coal from Mongolian

JSW Steel, the country's biggest steelmaker by capacity, plans to buy 2,500 metric tons, while SAIL aims to import 75,000 metric tons of the steelmaking raw material from Mongolia

Zomato's Sensex entry follows the stock's inclusion in the futures and options (F&O) segment. Zomato is also expected to be added to several other indices

Zomato's inclusion in the 30-stock index marks a significant milestone for the company, which has seen an impressive rally over the past year

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Indian steel mills have been grappling with a higher influx of Chinese steel imports, hitting domestic prices and denting companies' earnings

JSW Steel on Tuesday said it has been declared as the preferred bidder for Codli Mineral Block XII at Dharbandora in Goa. The company has received a communication from the Office of the Director, Directorate of Mines & Geology, Government of Goa, JSW Steel said in an exchange filing. "The company is declared as 'Preferred Bidder' with highest final offer price at 92.60 per cent of the value of mineral dispatched, it said. The projected iron ore resources are 48.5 million tonnes in addition to 2.7 million tonnes of ore in dumps, JSW Steel said. The company will take all requisite steps to obtain Letter of Intent and statutory clearances to execute the lease deed with Mine Development and Production Agreement (MDPA) and start the mining operations. In a separate filing, JSW Steel said its Italian arm JSW Steel Italy SrL has signed a commercial agreement with Metinvest Adria S.p.A "As per the agreement, Metinvest is obliged to pay a release fee of Euro 30 million to JSW Steel Italy

Last week, JSW Steel and Posco signed an agreement to set up an integrated steel plant with an initial capacity of 5 million metric tons a year

Odisha Chief Minister Mohan Charan Majhi on Friday said that India's fastest growing conglomerate JSW Group and South Korean steel major POSCO will jointly set up a greenfield steel facility in his home district of Keonjhar. Majhi revealed this amid nationwide speculation over the exact location of the JSW-POSCO joint venture. "During our roadshows for the ensuing Make-in Odisha conclave in Delhi and Mumbai, I had discussed with both JSW and POSCO regarding the establishment of a steel plant in Odisha's mineral-rich Keonjhar district," Majhi, who is on a two-day visit to Keonjhar for celebrating Diwali, told reporters. "Meanwhile, they have signed an MoU. They will do it jointly. They have also mentioned doing it in Keonjhar district. It is under process and Odisha will get another steel plant," the chief minister said. The two steel makers on October 29 signed an MoU at JSW Group's corporate headquarters in Mumbai, in the presence of JSW Group Chairman Sajjan Jindal and POSCO ...

Joint venture will collaborate in renewable energy, battery materials for electric vehicles

JSW Group and South Korea's Posco Group will also be exploring joint ventures in production and manufacturing within the electric vehicle sector

He tells that short-term challenges will not be a direction for its overall expansion in the medium to long term

Sequentially, profit down by 48% and revenue by 7.6%

Steelmaker JSW Steel on Friday reported a steep fall of 85.43 per cent in its consolidated net profit at Rs 404 crore in the July-September quarter of the current fiscal, affected by lower income. The company had posted a net profit of Rs 2,773 crore in the second quarter of the last financial year. The total income decreased to Rs 39,837 crore in the second quarter of the current fiscal as against Rs 44,821 crore a year ago, JSW Steel said in a regulatory filing. JSW Steel's expenses were lower at Rs 38,644 crore in the quarter under review against Rs 40,801 crore in the year-ago quarter.

At 7:28 AM, GIFT Nifty indicated a flat opening as it was trading about 3.5 points lower at 24448.50 levels, as against Nifty Futures last close of 24,452.

Analysts noted that Q2 is typically weaker than Q1 in terms of volumes and prices due to seasonal factors like the monsoon and maintenance shutdowns.

JSW Steel, JSW Energy, ACC Ltd, NMDC Ltd, NTPC Mining Ltd and Jindal Steel and Power Ltd (JSPL) are among the 31 companies which have submitted bids for the tenth round of commercial coal mine auction. "A total of 31 companies have submitted their bids in the auction process," the coal ministry said in a statement. More than 10 new companies have participated for the first time under commercial coal mine auction. A total of 67 coal blocks were put up for sale in June under the tenth round of commercial mines auction. The government has received 44 bids for the 67 coal mines, the statement said. "The bids will be evaluated by a multi-disciplinary technical evaluation committee and technically qualified bidders will be shortlisted for participation in the electronic auction, to be conducted on MSTC portal," it added.