2024-01-15 JSW Steel to build new integrated steelmaking plant in Odisha

Jan. 15, 2024 - JSW Steel, a major blast furnace manufacturer in India, announced that it plans to set up a new greenfield integrated steelmaking plant with an annual production capacity of 13.2 million tons of crude steel in Jagadsinghpur, Odisha. 2,950.31 acres of land are needed for the plant. JSW Steel has ob...

2023-02-15 Construction work begins on JSW steel plant in Andhra Pradesh

Feb. 15, 2023 - JSW Group has begun construction work on the ₹8,800-crore (USD1,065 million) steel plant at Sunnapurallapalli village in YSR Kadapa district. The first of the project is expected to be ready for commercial production in 24-30 months. The State government has allotted 3,500 acres for the...

2022-10-12 JSW Cement to build 5Mt/yr in new cement capacity in Madhya Pradesh and Uttar Pradesh

Oct. 12, 2022 - JSW Cement has announced a planned US$389m investment in the construction of a new integrated cement plant in Madhya Pradesh and a grinding plant in Uttar Pradesh. Together, the plants will have a cement capacity of 5Mt/yr. Local media has reported that JSW Cement's acquisition of Spring...

2022-07-21 India’s JSW Steel to ramp up domestic capacity to 37 million mt by 2025

Jul. 21, 2022 - India’s JSW Steel Limited will expand its domestic steel making capacity to 37 million mt per year by the end of 2025, from 27 million mt per year at present, company chairman Sajjan Jindal told shareholders on Thursday, July 21. “By 2025, we expect our consolidated India steelmaking c...

2022-06-23 India’s JISPL brings forward annual maintenance shutdown

Jun. 23, 2022 - India’s JSW Steel Limited’s subsidiary, Jindal Ispat Special Products Limited (JISPL), has brought forward its annual maintenance shutdown, a company regulatory filing said on Thursday, June 23. The filing said that the blast furnace, sintering plant and steel melting shop (SMS) at JIS...

2022-05-31 JSW Steel to maintain shipments to Europe without passing on cost of India's new export tax

May 30, 2022 - India's largest steel producer, JSW Steel Ltd (JSTL.NS), will continue to supply products to its buyers in Europe without passing on any increase in costs despite New Delhi's decision to impose an export tax, a senior company official said on Monday. India recently imposed an export tax of 15% on...

2022-05-13 India's JSW Group to make $7 billion bid for Holcim's India units

May 10, 2022 - India's JSW Group plans to compete aggressively with Adani Group for assets of Holcim AG's local cement businesses, two sources said on Tuesday, setting the stage for a bidding battle to become the country's second-biggest player in the industry. The steel-to-cement JSW Group's chief Sajjan...

2022-05-10 India's JSW crude steel production hits all-time high in April

May 10, 2022 - According to statistics, Indian steel manufacturer JSW Steel's crude steel production totaled 1.667 million tons in April this year, up by 22% compared to the same month a year ago, hitting an all-time high. Meanwhile, JSW Steel's flat-rolled products' output was 1.2 million tons, a year-on-year hi...

2022-05-10 JSW Steel crude steel output rises 22% in April

May 10, 2022 - JSW Steel on Tuesday said its crude steel production increased 22 per cent to 16.67 lakh tonne in April 2022. Crude steel production in April 2021 stood at 13.71 lakh tonne, JSW Steel said in a statement. "JSW Steel reported crude steel production for the month of Apri...

2022-04-18 JSW set to get POSCO land

Apr. 16, 2022 - Odisha is confident of handing over a 2,950 acre land to Sajjan Jindal’s JSW Steel this fiscal, promising to score a major turnaround in the annals of land acquisition in India. The land parcel near the Paradip port was once earmarked for the Korean giant Posco’s mega steel plant. Th...

2022-04-11 JSW Steel sees 17% rise in crude steel output in 2021-22

Apr. 11, 2022 - India’s JSW Steel Limited achieved crude steel production of 17.62 million mt in the fiscal year 2021-22, up 17 percent year on year, the company reported in a statement on Monday, April 11. JSW Steel as a group achieved crude steel production of 20.92 million mt in the fiscal year 2021...

2022-03-12 JSW Steel output jumps 21% to 1.58 MT in February

Mar. 8, 2022 - JSW Steel registered a 21 per cent year-on-year (y-o-y) jump in its crude steel production to 1.58 million tonnes (MT) for February. JSW Group company said its output had stood at 1.31 MT in February 2021. JSW Steel’s production of flat-rolled products rose 25 per cent to 1.15 MT in Feb...

2022-01-26 JSW to spend $1 billion to decarbonize steel production

Jan. 26, 2022 - India’s JSW Limited will spend an estimated $1 billion to cut down emissions at its steel mills, a company official said in a media statement on Wednesday, January 26. The investment will be riding on various measures like increased use of natural gas, ferrous scrap and solar power to d...

2022-01-13 India’s JSW Limited sees combined crude steel output growth of 28% in Q3

Jan. 13, 2022 - India's JSW Limited as a group achieved combined crude steel production of 5.35 million mt in the third quarter (October- December) of the fiscal year 2021-22, up 28 percent year on year, a company statement said on Tuesday, January 11. On a standalone basis, JSW Limited's crude steel production d...

2022-01-07 JSW Steel to invest Rs 15,000 crore to expand Vijayanagar facility to 18 mtpa by FY 24

Jan. 7, 2022 - JSW Steel on Friday announced a 15,000-crore brownfield expansion project at its Vijaynagar Steel Works to increase capacity by 5 million tonnes per annum by FY 24. “This expansion reiterates our commitment to be a significant partner in building a stronger India through sustainab...

2021-11-11 JSW Steel crude steel production up 6% in October 2021

Nov. 11, 2021 - JSW Steel witnessed a 6% rise in the Crude Steel production for October 2021 to 14.25 lakh tonnes on a standalone basis compared to the production of 13.38 lakh tonnes in the same month a year ago. The company posted a 6% rise on a month-on-month basis as well. In September this year, crud...

2021-10-10 JSW Steel lights up second blast furnace at Dolvi

Oct. 10, 2021 - JSW Steel, a leading steel manufacturer in India, has launched the second blast furnace at its Dolvi works in Maharashtra. With the commissioning of the new blast furnace, JSW Steel has completed the expansion of crude steel production capacity at Dolvi works from 5 million tons per year to 10 mil...

2021-08-10 JSW Steel output up 11% in July at 13.82 lakh tonnes

Aug. 10, 2021 - JSW Steel reported that its crude steel production was up 11 per cent in July to 13.82 lakh tonnes against 12.46 lt logged in the same period last year. However, flat product output was down 1 per cent at 9.34 lt (9.40 lt) while that of long products was up at 3.06 lt (2.40 lt). Production of ...

2021-07-15 JSW Steel's crude steel production increases in Q1 YoY

Jul. 15, 2021 - JSW Steel, a leading steel manufacturer in India, reported that its crude steel production reached 4.93 million tons in the first quarter of this fiscal year, rising by 13% compared to the previous quarter and also growing by 62% from the same period a year ago. During the period, JSW Steel...

2021-05-14 JSW's crude steel output down 5% in Apr from Mar amid oxygen diversion

May 14, 2021 - India JSW Limited achieved crude steel production of 1.37 million tons in April this year, down 5% on month-on-month basis largely owing to the diversion of oxygen production for medical use, the company reported on Wednesday, May 12. The production of flat products in April come to 957,000 tons, co...