steel industry

Steel sector growth vital for massive investments in infra: Piyush Goyal – ET Infra

[ad_1] Union minister Piyush Goyal Union Minister for Commerce & Industry Piyush Goyal said that India is moving towards massive investments in infrastructure to meet the aspirations of its growing population. While addressing the 4th edition of ‘ISA Steel Conclave 2023’ held in New Delhi on Tuesday, the minister acknowledged that steel is vital to […]

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JSW Steel closes Q2 with Rs 2,913 crore profit – ET Infra

[ad_1] In a regulatory filing, the company said for the quarter ended September 30, it had earned an operational revenue of Rs 33,738 crore (Q2FY23 Rs.34,494 crore) and a net profit of Rs 2,913 crore (net loss Rs 91 crore). According to the company, the growth was largely due to volumes and partially offset by

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JSW Steel returns to black; reports Rs 2,773 cr net profit in Jul-Sep – ET Infra

[ad_1] NEW DELHI: JSW Steel on Friday reported returning to black as it posted a consolidated net profit of Rs 2,773 crore for the July-September quarter on the back of higher income. The steelmaker had suffered a loss of Rs 915 crore in the second quarter of the last financial year. The total income increased

JSW Steel returns to black; reports Rs 2,773 cr net profit in Jul-Sep – ET Infra Read More »

ArcelorMittal tells SC it is “desirous” of returning 2643 acres it acquired – ET Infra

[ad_1] Bogged down by protracted litigation and uncertainty over land acquisition, world’s largest steel producer, ArcelorMittal, on Friday told the Supreme Court that it was “desirous” of returning 2643 acres it acquired for its proposed six-million tonne steel plant in Karnataka, and is ready to give up the Rs 267 crore compensation paid to the

ArcelorMittal tells SC it is “desirous” of returning 2643 acres it acquired – ET Infra Read More »

Tata Steel plan for port Talbot to lead to huge savings: Koushik Chatterjee – ET Infra

[ad_1] Tata Steel‘s resolution for its Port Talbot plant will see the UK government make one of the largest-ever investments in the steel industry as they collectively move towards sustainable production. The steelmaker will be setting up a three-million-tonne electric arc furnace (EAF) at Port Talbot, which will not only lower carbon emissions, but will

Tata Steel plan for port Talbot to lead to huge savings: Koushik Chatterjee – ET Infra Read More »

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