Page 2 - Jsw Steel Ltd
India Ratings cuts JSW Steel outlook, says liquidity will rise in FY20
The company has also deferred capex at its Baytown facility in the US by around USD 240 million of the announced USD 500 million.
 "India Ratings cuts JSW Steel outlook, says liquidity will rise in FY20")
Sharp earnings downgrades for Dr Reddy's, Zee Entertainment and IOC
Among other Nifty companies, ZEEL has seen an earnings cut of over 8%
 "Sharp earnings downgrades for Dr Reddy's, Zee Entertainment and IOC")
JSW Steel raises Rs 2,000-cr via NCDs on private placement basis
According to a source, the company has raised fresh funds of around Rs 2,000 crore from 10-year bonds from LIC at 8.79 per cent payable semi-annually
 "JSW Steel raises Rs 2,000-cr via NCDs on private placement basis")
Corporation tax cut: JSW Steel eyes special purpose vehicles for expansion
JSW Steel has a long-term goal of achieving a capacity of 40-45 mt through a mix of brownfield and greenfield projects
 "Corporation tax cut: JSW Steel eyes special purpose vehicles for expansion")
Output moderation may come from large players: JSW Steel's Seshagiri Rao
77% of the steel that has come into India in August was at zero per cent duty, says Rao
 "Output moderation may come from large players: JSW Steel's Seshagiri Rao")
JSW Steel-promoter companies release pledged shares worth Rs 1,150 crore
June quarter shows higher creation of pledged shares to released pledged shares
 "JSW Steel-promoter companies release pledged shares worth Rs 1,150 crore")
Steel stocks gain as govt allows SAIL to sell iron ore from captive mines
The move by the ministry through two separate notifications on September 16 is seen as an effort to reduce concerns regarding the expiry of mines.
 "Steel stocks gain as govt allows SAIL to sell iron ore from captive mines")
JSW's August crude steel output dips 13% YoY to 1.25 million tonnes
JSW Steel said that the production was lower due to a planned shutdown at Vijaynagar works and severe monsoon impact at Dolvi works
 "JSW's August crude steel output dips 13% YoY to 1.25 million tonnes")
Economic slowdown: Steel consumption set for slowest growth in three years
The S&P BSE Metal Index has also plunged about 30% so far this year
JSW Steel Q1 consolidated net profit falls over 56% to Rs 1,008 crore
The company also reported a fall in its total income to 19,953 crore during the quarter, as compared to Rs 20,577 crore in April-June 2018-19
 "JSW Steel Q1 consolidated net profit falls over 56% to Rs 1,008 crore")
Metal shares under pressure; JSW Steel, Hindustan Zinc hit 52-week lows
Jindal Steel and Power, Tata Steel, JSW Steel, Steel Authority of India, Hindustan Zinc and Vedanta were down in the range of 3 per cent to 4 per cent on the NSE.
 "Metal shares under pressure; JSW Steel, Hindustan Zinc hit 52-week lows")
JSW Steel first-quarter profit surges nearly four-fold, tops estimates
Total revenue from operations rose 25.3 per cent to Rs 205.19 billion
 "JSW Steel first-quarter profit surges nearly four-fold, tops estimates")
