India–US Trade Tensions Rise Over Steel and Auto Tariffs NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
JSW Steel reported a 12% year-on-year increase in consolidated crude steel output to 6.87 million tonnes (MT) for the current fiscal period of October-December. In the same time frame of the previous fiscal year, its total crude steel production was 6.14 MT.
The company produced 6.63 MT of steel from its facilities in India during October to December, a 9% increase over 6.06 MT during the same period last year. In India, the third quarter saw a 94% capacity utilisation rate.
From October to December 2022–2023, JSW Steel USA – Ohio produced 0.24 MT of steel, a threefold increase from 0.8 MT.
Also Read : India slowly gains more influence in coking coal spot market Local Chinese rebar prices rose 1.2% in late May
India's steel industry, which is already struggling with cheaper imports, is concerned about increas...
Ferrous 16-May-2024
POSCO is in talks to join Hyundai Steel’s $5.8 billion US steel plant venture. The move aims...
US 16-Apr-2025
The government will offload a 7% interest in state-run lignite producer NLC India through an offer-f...
Announcement 07-Mar-2024
Asian Energy Services Ltd (AESL) and its joint venture partner have obtained a Letter of Award (LoA)...
Mid Corporate 07-Feb-2024
NTPC, a state-run power company, and its subsidiary NTPC Green Energy signed two separate initial ag...
Mid Corporate 11-Mar-2024
An inter-ministerial panel is reviewing the process for "optimising" coal transport fares via the ra...
Logistics 23-Apr-2024