Indian benchmark HRC (hot-rolled coil) steel prices touched record high levels of Rs 70,875 in November last. However, due to cost pressure...

In an exclusive interview with ET Now, Seshagiri Rao, Joint MD & Group CFO, JSW Steel, said he expects at least 0.25 rate cut would happen.

One more very important point is regard to the policy intervention is concerned the fabrication of the structural steel.

Similarly, locally we have increased our proportion of value added products in the overall sales, this is the number two.

"Iron ore prices were also expected to come down when it went above $60 but we are not seeing a significant correction," Rao said.

"Internationally it went up close to $470 per ton. So prices went up quite substantially. Today what is happening, there is different price...

"India is the second most competitive steel industry in the world next to Russia."

"Government has put a lot of travel restrictions in various state and central government departments as a part of the austerity drive," sai...

Police sub-inspector K Shankar Narayana said the police had obtained footage of the CCTV camera installed inside the apartment.

'In an environment such as this, showing an overall improvement is commendable from the JSW Steel point of view.'

Right now, there is no pricing power in the industry, no growth at all. Every sector in the industry is suffering. Hence, there is a need t...

The overall demand growth in India in the first 10 months of this financial year is close to 4.7%. Demand in the second half is far better.

Seshagiri Rao, Joint MD & Group CFO, JSW Steel, in an interview with ET Now talks about steel sector and its outlook. Excerpts:

JSW Steel, the country's largest private steel producer, has got shareholders' approval for raising about Rs 4,775 crore through qualified ...

JSW Steel, India's third largest steel company is likely to review its earlier decision to cut production, following a revival of demand in...

JSW Steel on Saturday said it will reduce HR coil price by Rs 500 per tonne with immediate effect.

Steel maker JSW will invest more than Rs 17,000 crore to increase production capacity to 10 million tons by 2010, amid reports it was consi...