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30 Jan, 2012

JSW Steel looks at Goa ore for Vijayanagar

JSW Steel Ltd, the flagship company under the JSW Group, might now source iron ore from Goa to secure its raw material supply during a rainy day.


Source: DNA Money

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23 Jan, 2012

JSW explores slurry pipeline ore supply for Bengal steel unit

JSW Steel is said to be in talks with both NMDC and Stemcor India for iron ore supply to its upcoming Bengal steel plant.


Source: Sify.com

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20 Jan, 2012

JSW Steel Q3 net halves to Rs 168 cr on Rs 500 cr forex loss

Sajjan Jindal-promoted JSW Steel's net profit plummeted by over half in the December quarter to Rs 168 crore, mainly on account of a whopping Rs 500 crore forex loss.The company had reporte...


Source: The Hindu Business Line

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20 Jan, 2012

JSW Steel Q3 net profit down 56%

Net profit for the October-December period fell to Rs 168.24 crore from Rs 382.30 crore in the year-earlier period


Source: Livemint.com

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10 Jan, 2012

JSW Steel chief asks Mamata Banerjee for help in sorting out iron ore policy in state

JSW Steel chairman Sajjan Jindal met West Bengal Chief Minister Mamata Banerjee to ask for help in sorting out the iron ore policy in the state, which was delaying the setting up of a steel plant at Salboni.


Source: BloombergUTV.com

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04 Jan, 2012

JSW Steel shifts UK service centre to Karnataka

JSW Steel has shut down its five-lakh-tonnes-per-year capacity in the United Kingdom, and shifted the entire machinery to its Vijayanagar steel plant in southern India.


Source: Sify.com

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30 Dec, 2011

How is Re depreciation marginally positive for JSW Steel?

In an interview to CNBC-TV18, Seshagiri Rao, the joint managing director and group CFO of JSW Steel has said his company is not exposed to the risks of currency fluctuations.


Source: Moneycontrol.com

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16 Dec, 2011

Warrant non-conversion: JSW Steel promoter forfeits Rs 523 cr

JSW Steel today said a Rs 523 crore initial payment from a promoter has been forfeited, as the promoter group entity could not convert warrants worth Rs 2,117.5 crore within the permitted time per...


Source: The Hindu Business Line

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16 Dec, 2011

JSW Steel may slash FY12 capex by half

To go slow with capacity expansion in a weak market


Source: The Hindu Business Line

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05 Dec, 2011

JSW crude steel output up 18% in Nov

JSW Steel on Monday reported 18 per cent increase in crude steel production for November, 2011 at 6 lakh tonnes on better capacity utilisation at its Vijaynagar plant.The Sajjan Jindal led-...


Source: The Hindu Business Line

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