SC ruling on state taxes credit negative for mining companies: Moody's
Tata Steel and JSW Steel will incur additional operating costs because they produce iron ore and coking coal from their mines to supply to their steel plants, says Moody's.
Tata Steel and JSW Steel will incur additional operating costs because they produce iron ore and coking coal from their mines to supply to their steel plants, says Moody's.
JSW Steel shares are trading at ₹919.25, up 0.21% from yesterday, with an intraday high of ₹927.50.
JSW Steel unit to expand its ‘Made In USA’ product portfolio by insourcing production of steel slabs from its facilities at Ohio, where it recently invested $145 million
The JSW Group firm debuts this year as new ports and facilities add to a growing bottomline.
Tata Steel is setting up electric arc furnace-based recycling plants.
JSW Group plans to invest in cement plant, power plant, greenfield port and a steel plant in Odisha
JV will form the first company to have end-to-end manufacturing of grain-oriented electrical steel products in India
JSW Steel’s revenue surges 7.2% to ₹41,940 cr compared to ₹39,134 cr during the year-ago period
The discounted steel from China, weak global macro-outlook and higher domestic manufacturing costs are expected to hamper the dreams of Indian steel producers.
Steel production and consumption remain strong, aided by government capex as well as an overall healthy economy