Sajjan Jindal-led JSW Steel Wednesday said its crude steel output grew 2 per cent to 13.90 lakh tonnes (LT) during November this year. The company had produced 13.62 LT crude steel in November 2017, it said in a statement.
JSW Steel is undertaking a major reorientation of its operations as well as product mix to reduce carbon dioxide emissions and align with the country’s climate change priorities. On the portfolio mix
JSW Steel has implemented Total Quality Management (TQM) at its Vijayanagar Works steel-making unit as part of its journey towards quality excellence. TQM implementation has enabled JSW Steel
Once-bitten-twice-shy JSW Steel has decided to bid for all the distressed large steel and downstream companies in future with the focus on evaluating their worthiness at the final stage.
JSW Steel has made an elaborate, three-phase turnaround plan for Monnet Ispat, the distressed steelmaker that was referred to insolvency courts last year for defaulting on loan repayments.
JSW Steel has taken over Dolvi Minerals and Metals by buying the remaining 60% of its share capital for Rs 109 crore, the company informed the stock exchange on Wednesday.
Sajjan Jindal-led JSW Steel has said it will consider raising additional long-term resources, including issuance of equity shares or other securities, through a rights issue at its board meet next week.
Sajjan Jindal-led JSW Steel is exploring various financing models, including a ‘joint control mechanism’, to fund the acquisition of the stressed assets of Bhushan Power and Steel Ltd and Essar Steel, a source said.
CoC may wait till October 22 when Tata Steel’s plea challenging re-bids will come up for hearing before NCLT.
After facing stiff challenge from rival bidders, JSW Steel may finally emerge victorious in the battle for control of Bhushan Power & Steel (BPSL). Debt-ridden BPSL is facing insolvency proceedings for the past 15 month
The Sajjan-Jindal promoted JSW Steel wants to go solo in the race for bankrupt steelmaker Essar Steel.