JSW, Tata in race to build steel capacities; ArcelorMittal-Nippon not far behind
JSW Steel targets 37 MT a year capacity by March 2025, while Tata Steel wants to double to 40 MT by 2030
bhushan steel
July 2023
October 2022
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March 2018
Tata Steel’s Man For All Seasons
Thirty-four years in the company, T.V. Narendran took up the top job in 2018. Four years later, the steelmaker reported its highest-ever profit. How did he turn the tables?
Sajjan Jindal’s steely resolve
JSW Steel is on an expansion spree with demand expected to outstrip supply in the next 10 years.
Tata Steel-Thyssenkrupp European JV unlikely to proceed
The steelmakers say they are unwilling to make any more concessions to appease the European antitrust regulator.
Will Tata Steel prioritise paring debt or inorganic growth?
The company’s liquidity position is robust with around Rs 25,000 crore in cash and cash equivalents. Will most of it go towards debt repayment or towards further acquisitions?
Tata Steel’s profit more than doubles in Q1
The company’s profit fell short of street estimates, but its outlook for the rest of the year is optimistic.
IBC: Hope floats, but long way from perfection
Tata Steel’s acquisition of Bhushan Steel under the Insolvency and Bankruptcy Code provides hope for the future. Yet, the law is still crying out for further fine-tuning.
JSW Steel, Tata Steel post strong profits in Q4
Higher steel prices and robust demand drove JSW Steel’s fourth quarter sales and profit, while a one-time gain pushed Tata Steel’s bottomline.
NCLT haircuts to range between 20% to 90%: report
Lenders to stressed sectors have a gloomy time ahead.
