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Latest Articles in jsw steel

Fitch Downgrades Ratings Of JSW Steel, Tata Steel With Negative Outlook

The Indian Steel Association has forecast an 8 per cent drop in domestic demand in FY21.

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JSW Steel Q4 Net Profit Cracks By 86% To Rs 242 Crore

The Indian economy was severely impacted by the temporary closure of economic activities across the country after the announcement of the first phase of nationwide lockdown in the last week of March.

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JSW Steel Q4 Net Profit Cracks By 86 % To Rs 242 Crore

Gross revenue for the quarter fell to Rs 15,020 crore from Rs 19,418 crore in the year-ago period.

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JSW Steel Clocks Steel Production At 5.63 Lakh Tonnes In April

The production of flat rolled products was 3.44 lakh tonnes and long rolled products 89,000 lakh tonnes

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Indian Steel Demand Expected To Drop 7.7% In 2020: Industry Body

Steel demand in India is set to contract 7.7% in 2020 with "significant downside risks", the Indian Steel Association (ISA), which represents some of the top steel producers

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Moody's Changes Outlook On JSW Steel's Ratings To Stable From Positive, Affirms Ba2 Ratings

Steel consumption growth slowed to about 3.5 per cent for the nine months ended December 2019 from 7.5 per cent growth for the fiscal year ending March 2019.

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Fitch Revises Outlook On JSW Steel To Negative From Stable

The EBITDA decline was mainly driven by weaker steel prices and margins, as EBITDA per tonne fell to around Rs 7,500 (9M FY19: Rs 12,300).

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JSW Steel Clocks 5% Sequential Growth In Q3 Crude Steel Production

The production was 4.23 million tonnes in Q3 FY19, which shows a decline of 5 per cent in Q3 FY20.

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Indian Steelmakers Face Debt Challenges After Ill-timed Bets

Tata Steel, JSW Steel and others are also wrestling with falling revenues amid high debt loads.

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JSW Steel Reports Q2 PAT Of Rs 2,917 Crore But Revenue Falls On Weak Demand

In Q2 of the previous financial year, the net profit was Rs 2,251 crore on revenues of Rs 19,707 crore.

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Bhushan Power Case: NCLAT To Hear JSW Steel's Plea On October 14

NCLAT will decide over the payment of Rs 19,350 crore by JSW Steel of Bhushan Power & Steel on hearing on Oct 14.

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JSW Steel, AION Get Creditors' Nod For Monnet Ispat Takeover

Monnet Ispat, which manufactures steel and is also involved in power generation, owes banks and other creditors 104.12 billion rupees $1.6 billion), according to government data

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JSW Steel To Buy U.S. Based Acero Junction For USD 81 Million

JSW Steel entered into a stock purchase agreement on Wednesday with JSM International Ltd, Acero Junction Holdings Inc and Acero Junction Inc for the acquisition, the steelmaker said in a statement

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