Shares of JSW Steel rallied 5 percent intraday Thursday after Kotak Securities initiated coverage with a buy rating on the stock and fixed a target price of Rs 1,300. The brokerage believes that sharp correction in the stock price gives good ... Moneycontrol.com, 1 month ago
In a move to achieve backward integration, JSW Steel is likely to acquire the iron ore terminal at Ennore owned by Sical Logistics. Sajjan Jindal led JSW Steel relies on import for half of its total iron ore requirements ((20Mt/annum) as it does ...Deal Curry, 2 months ago
JSW Steel is planning an ambitious target of making its Vijaynagar plant the largest in the world, having made it the largest plant in India, with the aim being to double the plant capacity to 20mtpa by 2022. The company is investing Rs 2,000 crore ...Construction Week Online India, 2 months ago STEEL AUTHORITY OF INDIA : India to steel its way to no 2 slot in production: study 4 Traders, 2 months ago India on its way to be the second largest producer of steel in 2015-16: Study Economic Times, 2 months ago
Global iron ore prices have crashed to a six-year low amid a supply glut. This has forced miners in India, such as state-run NMDC, the country's biggest iron ore miner, to lower prices to remain competitive. The price cut has come at a time when ...Economic Times, 2 weeks ago
India is hoping the New Year brings some cheer to its steel sector. Several analysts, including Frost & Sullivan , are predicting that India will become the world's second-largest producer of crude steel in 2015-16, moving up from its current fourth ...MetalMiner, 2 months ago
KOLKATA | MUMBAI: The Steel Authority of India, the country's largest steel maker, plans to spend Rs 1.5 lakh crore till 2030-31 to ramp up capacity to 50 million tonnes from 23 million tonnes. SAIL Chairman CS Verma said on Wednesday the ...Economic Times, 2 months ago
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