JSW Steel rises 2% on gas supply worries HSBC raises Tata Steel target to ₹250 British Steel to supply 120,000 mt billet to Nigeria ₹3,200 crore Tata Steel EAF starts in Ludhiana
JSW Steel announced on Thursday the formation of a wholly-owned subsidiary called JSW Green Steel Ltd to manufacture hot-rolled and cold-rolled steel products. The arm was incorporated on February 27 in Mumbai and is yet to commence its business operations, JSW Steel informed the exchanges.
According to the corporation, JSW Green Steel Ltd is now a wholly-owned subsidiary. "The new entity has been incorporated for manufacturing of hot-rolled and cold-rolled products of steel, which is in line with the main line of business of the company," stated JSW Steel.
Hot-rolled steel is utilised in industries such as automobiles and agriculture, whereas cold-rolled steel is used in manufacturing, building, and household appliances, among other things.
Also Read : India’s AMNS to build new pellet plant at Visakhapatnam site Spain Announces €600 Million Subsidy Plan for Energy-Intensive Industries
At the end of last week, the United States announced an update to the Russian corporate segment of t...
US 27-Feb-2024
China’s steel production fell 6.9% year-over-year in May to 86.6 million tons, marking the fir...
China 16-Jun-2025
Chief Economic Adviser V Anantha Nageswaran on Thursday said measures like the Carbon Border Adjustm...
Business 15-Feb-2024
ArcelorMittal, one of the world’s largest steelmakers, has reported stronger-than-expect...
Business 05-Feb-2026
Adani New Industries Ltd. is in talks to raise up to $3 billion for capital investment as the ports-...
Large Corporate 27-Feb-2024
Russia leapfrogged Saudi Arabia to become China's largest crude oil supplier in 2023, as the top imp...
China 20-Jan-2024