India’s steel giant, JSW Steel has moved a step closer to acquire debt-ridden Asian Colour Coated Ispat Ltd (ACCIL) that was referred to the insolvency court by RBI in July last year. As per the latest updates, the company’s bid has received approval from 80% of the lenders, the voting for which was done on Friday.
News ID: 4976 Publish Date : 2019/07/02
JSW Steel - India's largest steel maker recorded total iron ore sourcing at 1.73 MnT in May'19. The sourcing witnessed 36% drop M-o-M as against 2.71 MnT in Apr'19. On yearly basis, sourcing fell 42% in May'19 as against 2.98 MnT in May'18.
News ID: 4873 Publish Date : 2019/06/23
As per sources report to SteelMint, JSW Steel booked 20,000 MT iron ore fines (Fe 64-62%) from Daitari mines in OMC e-auction conducted today (14th May'19) . The company has booked iron ore fines at base price of INR 2,450/MT (inclusive of Royalty).
News ID: 4544 Publish Date : 2019/05/16
JSW Steel ’s iron ore purchases from Karnataka e-auctions increased by more than twice to 2.18 MnT in Apr'19 compared to 1.02 MnT in Mar'19.
News ID: 4527 Publish Date : 2019/05/14
JSW Steel , India's largest private steel producer has released its monthly crude steel output results today for Apr’19. Company’s long steel, flat steel and crude steel output witnessed decline on monthly basis in Apr’19.
News ID: 4524 Publish Date : 2019/05/14
Indian spot steel prices plunge further amid sluggish demand domestically, as stated by participants. The Rebar, Billet & Sponge iron prices fell by INR 100-300/MT (day on day) through the mid sized mills.
News ID: 4523 Publish Date : 2019/05/14
JSW Steel - India's largest steel maker recorded total iron ore sourcing at 27.41 MnT in FY’19. The sourcing witnessed 15% fall Y-o-Y as against 32.41 MnT in FY18.
News ID: 4382 Publish Date : 2019/04/29
Indian steel market observed limited trade activities, hence the Sponge iron & Billet prices remain slightly fell by INR 100-200/MT day-on-day in major markets.
News ID: 4381 Publish Date : 2019/04/29
Imported HRC offers to Vietnam remain stable in the beginning of this week amid ongoing public holidays in Vietnam. Vietnamese buyers are on holiday mood on the occasion of Hung Kings Commemoration.
News ID: 4378 Publish Date : 2019/04/29
Indian bulk rebar exports registered at 198,661 MT in FY19, as per vessel line up data maintained with SteelMint till Mar’19.
News ID: 4376 Publish Date : 2019/04/29
JSW Steel , India's largest private steel producer has released its operational performance results today for FY18-19. As per results company’s long steel and flat steel output witnessed growth in FY19. With this the company achieved 99.6% of production guidance of 16.75 MnT.
News ID: 4309 Publish Date : 2019/04/11
Imported HRC offers to Vietnam inched down in the beginning of the week by USD 5/MT amid weak buying interest among end users in Vietnam.
News ID: 4200 Publish Date : 2019/04/06
JSW Steel - India's largest steel maker total iron ore sourcing at 2.85 MnT in Feb’19. The sourcing witnessed 53% rise M-o-M as against 1.87 MnT in Jan'19. On yearly basis, sourcing increased 19% as against 2.40 MnT in Feb’18.
News ID: 4092 Publish Date : 2019/03/20
Following significant downfall in domestic sponge prices, export offers have also went down by USD 5-10/MT and by USD 10-15/MT in a week's duration.
News ID: 3963 Publish Date : 2019/03/11
JSW Steel - India's largest steel maker recorded Jan19 iron ore imports at 0.19 MnT, down significantly by 79% as against 0.91 MnT in Dec’18. The miner imported 0.19 MnT of ore from Australia (down 74% M-o-M), and recorded nil imports from Brazil.
News ID: 3916 Publish Date : 2019/03/09
Vizag Steel (RINL) under the Ministry of Steel has increased price of long steel products for Feb'19 deliveries, as per company's price circular.
News ID: 3897 Publish Date : 2019/03/08
JSW Steel is conducting internal due diligence of many iron ore mines coming up for auctions by 2020 and expects valuations to be subdued after exuberant bidding in the earlier rounds.
News ID: 3474 Publish Date : 2019/01/29
JSW Steel - India's largest steel maker recorded iron ore sourcing at 2.31 MnT in Dec'18. The total sourcing witnessed 17% fall M-o-M as against 2.77 MnT in Nov'18. On yearly basis, sourcing dropped 27% as against 3.17 MnT in Dec’17.
News ID: 3420 Publish Date : 2019/01/26
As per SteelMint's analysis, iron ore movement across major producing states of the country recorded at 12.48 MnT in Nov'18. The iron ore movement has recorded rise by 11% against 11.25 MnT in Oct’18.
News ID: 3025 Publish Date : 2018/12/21
JSW Steel 's iron ore import up 74% to 0.9 MnT in Nov'18
News ID: 2831 Publish Date : 2018/12/07