In its business update for the quarter ending March 31, 2024, JSW Steel stated on Monday that it had produced 26.43 million tons of consolidated crude steel, which was 9% more than the company’s previous record of 24.15 million tons in FY23. JSW Steel reported producing 6.79 million tons of crude steel in the fourth…
Read More “JSW Steel reports 26.43 MT of crude steel produced in FY24, a 9% YoY increase” »
In order to expedite its expansion plans, JSW Energy Limited has raised Rs 5,000 crore by selling shares to institutional investors, among them Abu Dhabi Investment Authority (ADIA). The company announced on Friday that it had successfully finished its Rs 5,000-crore Qualified Institutions Placement (QIP) in a regulatory filing. According to JSW Energy, the money…
Read More “JSW Energy secures Rs 5,000 crore from Abu Dhabi Investment Authority, others” »
JSW Steel: In a deal estimated to be worth between $750 million and $1 billion, Australia’s Whitehaven Coal is selling 20% of a coal mine to Sajjan Jindal’s JSW Steel. The Blackwater Mine, which is situated in Queensland’s Bowen Basin, is being pursued by a number of other companies, including Nippon Steel from Japan. The…
