JSW Steel Q4 net profit surges to ₹19,243 crore Steel stocks under watch ahead of Q4 numbers Welspun Corp bags ₹700 crore US pipe order US becomes Turkey’s top coking coal supplier
Welspun Corp shares gained nearly 3% after the company secured a major LSAW pipe supply order worth around ₹700 crore from its US facility. The fresh international order has strengthened the company’s global business outlook and added further visibility to its execution pipeline.
With this order and other recent wins, Welspun Corp’s consolidated global order book has reached nearly ₹25,350 crore, or about $2.6 billion. The order book is expected to be executed across FY27 and FY28, supporting steady production at both Indian and US facilities.
The development is important for the steel and pipe manufacturing sector, as it reflects continued demand from infrastructure, oil & gas and energy-related projects. Welspun Corp’s diversified presence across large-diameter line pipes, ductile iron pipes, stainless steel pipes, tubes and building material solutions is expected to support long-term growth momentum.
Also Read : POSCO Considers Joining Hyundai Steel’s $5.8 Billion US Steel Project: Reports Steel Wars: EU Steelmakers slam U.S. retaining 50% tariffs.
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