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JSW Steel - Latest news GMK Center

Photo – JSW Steel to launch new blast furnace at Dolvi steel plant in 2026
JSW Steel to launch new blast furnace at Dolvi steel plant in 2026

The capacity of the unit is 4.5 million tons/year

Photo – JSW Steel announces construction of a steel plant in Paradip
JSW Steel announces construction of a steel plant in Paradip

The capacity of the steelmaking complex will be 13.2 million tons of steel per year

Photo – JSW Steel and JFE Steel establish a joint venture in India
JSW Steel and JFE Steel establish a joint venture in India

Companies invest about $663 million in the production of electrical steel

Photo – JSW Steel is considering green steel production
JSW Steel is considering green steel production

In this way, the company aims to adapt to the implementation of the European CBAM

Photo – ArcelorMittal and JSW Steel are showing interest in acquiring Vedanta’s assets
ArcelorMittal and JSW Steel are showing interest in acquiring Vedanta’s assets

Vedanta is reviewing its strategic priorities as part of its capital allocation discussions

Photo – JSW Steel increased steel production by 13% y/y in July-September
JSW Steel increased steel production by 13% y/y in July-September

Consolidated steel output during the II quarter of the 2023/2024 fiscal year reached 5.68 million tons

Photo – Indian JSW Steel increased steel production by 10% y/y in July
Indian JSW Steel increased steel production by 10% y/y in July

Steel production at the plant in the US increased by 96% y/y

Photo – JSW Steel is considering acquiring foreign iron ore and coking coal assets
JSW Steel is considering acquiring foreign iron ore and coking coal assets

The company is also expanding its raw material base in India

Photo – JSW Steel increased steel sales by 27% y/y in Q1 2023/2024
JSW Steel increased steel sales by 27% y/y in Q1 2023/2024

The driver of sales growth was the increase in demand for steel in the infrastructure industry

Photo – JSW Steel is considering acquiring a stake in Teck’s coal division
JSW Steel is considering acquiring a stake in Teck’s coal division

The company is negotiating with banks, the amount may be about $2 billion

Photo – JSW Steel increased steel production by 10% y/y in April-June
JSW Steel increased steel production by 10% y/y in April-June

During the first quarter of the 2023/2024 financial year, the company's Indian plants produced 6.19 million tons of steel

Photo – JSW Steel increased steel production by 8% y/y in May
JSW Steel increased steel production by 8% y/y in May

In this period, the company's Indian enterprises increased steel production by almost 6% y/y

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