JSW Steel
Companies invest about $663 million in the production of electrical steel
In this way, the company aims to adapt to the implementation of the European CBAM
13 October 2023
Vedanta is reviewing its strategic priorities as part of its capital allocation discussions
Consolidated steel output during the II quarter of the 2023/2024 fiscal year reached 5.68 million tons
Steel production at the plant in the US increased by 96% y/y
The company is also expanding its raw material base in India
The driver of sales growth was the increase in demand for steel in the infrastructure industry
The company is negotiating with banks, the amount may be about $2 billion
07 July 2023
During the first quarter of the 2023/2024 financial year, the company's Indian plants produced 6.19 million tons of steel
In this period, the company's Indian enterprises increased steel production by almost 6% y/y
22 May 2023
The company predicts steel demand growth of 7-8% in the 2023/2024 financial year
The projects are expected to be completed in the 2025/2026 financial year