JSW Steel

JSW Steel invests $145 million in the modernization of production in the USA

The projects are expected to be completed in the 2025/2026 financial year

JSW Steel increased steel output by 25% y/y in 2022-2023 financial year

In the 4th quarter of the 2022-2023 financial year, the production of unrefined steel increased by 12% y/y

JSW Steel plans to invest $244 million in the development of a new coking coal unit

The company recently acquired a coking coal deposit in the Indian state of Jharkhand, the reserves of which are estimated at 1 billion tons

JSW Steel will reduce capital investments by a quarter in the FY2022/2023

The decision is due to rising prices for raw materials and declining demand for steel in the EU and China

JSW Steel and Smartex will become partners in the decarbonization of steel production

JSW plans to reduce CO2 emissions intensity by 42% by 2030 compared to 2005 base year

JSW Steel invests $1.3 billion to reduce emissions at its plants in India

The company plans to reduce greenhouse gas emissions by 42% by 2023

Steel export duty in India could be increased soon – JSW Steel

Domestic steel prices in India fell by more than 20% after the imposition of the duty

By 2030, JSW Steel plans to reduce carbon emissions by 42%

Investments in various initiatives to reduce emissions will amount to more than $1 billion

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