JSW Steel
JSW Steel, a part of the O.P. Jindal group, was incorporated as Jindal Vijaynagar Steel Ltd (JVSL). The company began its operations in 1999. The company was renamed JSW Steel in FY06 after its transformation into an integrated steel manufacturer. The current capacity of JSW Steel is 18 MTPA, which makes the company India’s largest steel manufacturer. In FY18, the company recorded highest ever crude steel production of 16.27 million tonnes. The company has seven production facilities spread across western and southern regions of the country. The company is continuously expanding its manufacturing capacity; from the capacity of 1.6 MTPA in 2002, the company expanded its crude steel production capacity to its present capacity of 18 MTPA. Going forward, JSW Steel aims to expand its capacity to 40 MPTA over the next ten years.
The company has a wide portfolio of flat and long products and is one of India’s leading producers and exporters of coated flat steel products. The company’s product portfolio includes:
• Hot rolled coils (HRC)
• HR sheets and plates
• Cold rolled coils and sheets
• Galvanised and galvalume products
• Pre-painted galvanised and galvalume products
• Thermo mechanically treated (TMT) bars
• Wire rods and special steel bars
• Rounds and blooms
• Plates and pipes of various sizes
• Cold rolled non-grain-oriented products
The company’s wide product portfolio fulfils the demand of various industries such as construction, infrastructure, automotive, consumer durables, and many more.
Notably, to ensure seamless raw material supply, the company has acquired five iron ore mines in Karnataka.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
How To Invest In An Ageing Bull Market
Bull rallies (periods when stock prices rise) and bear declines (periods when stock prices fall) are natural parts of stock market cycles, but they don't follow a fixed timeline.
Should You Entrust All Your Money To A Single AMC?
If you are a market participant, you have probably heard the quote 'don't put all your eggs in one basket', which suggests diversification. Investors often focus on diversifying across categories like large-cap, mid-cap and small-cap, but they may unintentionally overlook diversification across different AMCs. The question arises: is AMC-wise diversification really necessary? Rakesh Deshmukh takes a closer look at this scenario
Wild Swings Engulf Global Equities
U.S. stock markets experienced significant volatility. An early-week rally pushed the markets to new highs, but this momentum faded, primarily due to weaknesses in the tech sector. The major indices had a mixed finish with, S&P 500 and Nasdaq closed lower, while the Dow recorded a notable gain.
U.S. Elections and China's Economy Hamper Commodities
Commodity markets experienced selling pressure in the last fortnight, driven by uncertainties surrounding the upcoming U.S. presidential elections, concerns about the Chinese economy, and increased agricultural production in Brazil.
Wealth Building For Retirement Through Mutual Funds
Retirement is one of the most crucial and lifechanging phases. It marks a period where maintaining your lifestyle becomes paramount even though your regular income stops.
Mastering Investment with Information Ratio
Information Ratio helps in navigating the complexities of the investment landscape by assessing an active fund manager's performance. And though it has its limitations, it remains an essential part of the finance industry. The article explains what Information Ratio is and how investors can use it as another tool
Plan To Be Financially Independent
Each of us aspires to be financially independent as it ensures having enough resources to be self-sufficient and control our finances.
❝Technology is the new game-changer"
With a new breed of young investors entering the financial markets, it is the use of technology that is increasingly playing a major role in how investments are done and tracked. Anand Radhakrishnan, Managing Director, Sundaram Mutual Fund, shares his opinion about how this factor is turning into a significant tool and how it will shape the strategies of his company
What If Donald Trumps?
The potential election of Donald Trump as president in the U.S. carries significant implications for the Indian equity market. It could lead to changes in the global trade dynamics, in particular affecting the Indian IT sector while also raising inflation levels and leading to yet another revision in the visa programme for Indians who want to work in the US. The article takes a closer look at what may lie in store
Sectoral Gains Make A Mark
Benchmark indices continued their uptrend, reaching new record highs, although the pace has slowed as the broader markets faced selling pressures
