JSW Steel Ltd

Since the end of April, operations have gradually been ramped up, and in the months of May and June JSW Steel facilities operated at an average capacity utilisation of 80 per cent

With a positive crossover of the 50-day moving average (DMA) with 100-DMA, the metal index can breakout above the trendline resistance of 2,150 levels.

Sources said that the lay-off could be temporary and the company hoped that it would last less than six months. Questions sent to JSW Steel went unanswered

Move reflects deterioration in credit profile due to challenges brought by the pandemic

Currently, JSW Group imports material worth $400 million from China but aims to bring it down to nil over the next two years

On the earnings front, Jindal Steel and Power (JSPL) on Monday reported a consolidated net profit of Rs 305.62 crore during the quarter ended March 31, 2020.

As steel prices crash, firm facing winner's curse with Rs 19,700-cr acquisition

While realisations take a hit, pressure on margins may intensify with input costs remaining steady.

Moody's changes outlook on JSW Steel's ratings to stable from positive, affirms Ba2 ratings

Petition says, JSW disqualified under Section 29A, has no claim on Rs 3,000 crore EBITDA during CIRP

On Feb 17, NCLAT had permitted JSW Steel to acquire the bankrupt company and granted it immunity from prosecution by the Enforcement Directorate

JSW Steel is an integrated steel company in India with an installed steel-making capacity of 18 million tonnes per annum (MTPA)

The block, currently held by merchant miner KJS Ahluwalia with deposits of 790 million tonnes of iron ore, is the first of 21 lapsing blocks to have been successfully auctioned

The company had posted a consolidated net profit of Rs 1,603 crore in the year-ago period, JSW Steel said in a filing to the BSE

This is because the immunity provided by the new provision in the insolvency law is not applicable to the new promoter (JSW Steel)

JSW's second-quarter results presentation mentioned that steel making operations were impacted by earlier announced maintenance shutdown and repairs

"We would primarily want demand to be stimulated by way of increased outlays on infrastructure"

Odisha State Pollution Control Board's regional officer Ramesh Chandra Ekka and JSW officials were also present in the public hearing

While 13 mt is likely to be the addition in the next two years, by FY25, the ministry is expecting 28-30 mt from the current planned capacity expansions of existing players

In October and November, the steel major supplied more than 30,000 metric tonnes JSW Neosteel TMT bars towards construction of metro projects in various cities of the country.