JSW Steel's US unit raises $182 million debt to upgrade Texas plantAbout $100 million of the equipment like cutting line, rolling mill, grinding machine and water treatment system for upgrading the facility...
28 Oct, 2022, 12.44 AM IST
JSW Steel's US unit raises $182 million debt to upgrade Texas plant, stock climbs 5.44%JSW Steel in a statement Thursday said of the total financing, $70 million is covered under SACE guarantee that is provided by the Italian ...
27 Oct, 2022, 06.22 PM IST
JSW Steel USA begins Phase II upgrade of plate mill facility in TexasJSW Steel is the flagship business of the diversified USD 13 billion JSW Group which has presence in sectors such as energy, infrastructure...
01 Nov, 2021, 01.53 PM IST
JSW Steel’s US ops to turn around, revenue may treble to $1 billionJSW Steel’s US operations will likely treble in revenue to about a billion dollars, perhaps by the end of FY22, helping the business report...
14 May, 2021, 08.09 AM IST
JSW Steel to pump in USD 150 mn in first tranche to set up Texas plantThis is part of the USD 500 million investment commitment made by the company for the steel pipes and plates facility in Texas in March thi...
28 Oct, 2018, 02.35 PM IST
Donald Trump welcomes JSW Steel's $1-billion investment plans in USThe company also said US commerce secretary Wilbur Ross too welcomed the investment. "Congratulations to JSW Steel on your investments made...
24 Jun, 2018, 05.44 PM IST
JSW steel plans to invest $500 million to buy, upgrade US firm AceroThe proposed investment would be made in two phases and would increase the company's overall investment blueprint for the US market, JSW St...
22 Jun, 2018, 11.28 PM IST
JSW Steel to invest up to USD 500 mn in US-based steel manufacturing unitAcero Junction Inc, an integrated steel manufacturing unit with a potential capacity of 3 MTPA (million tonne per annum), is located in Ohi...
22 Jun, 2018, 01.29 PM IST
JSW Steel buys 83% in US-based Acero JunctionThis has been the company's second major move in the US market.
15 Jun, 2018, 05.53 PM IST
JSW Steel acquires US-based Acero JunctionThe deal is likely to be completed within the next 60 days subject to fulfilment of conditions precedent by the relevant parties.
29 Mar, 2018, 11.07 AM IST
Steel tycoon smells opportunity amid Trump, Xi tariff showdownThe U.S. unit of JSW Steel Ltd. has signed an agreement with the Governor of Texas to consider an investment of as much as $500 million, th...
27 Mar, 2018, 09.41 AM IST
JSW Steel to invest $500 million in Texas unit, to treble capacityThe JSW group had bought the then bankrupt Baytown steel asset for USD 810 million in October 2007, and is operating at just about 30 per c...
26 Mar, 2018, 08.45 PM IST
JSW to set up facility in Texas with USD 500 mn investmentJSW Group today announced an investment of up to USD 500 million to set up a one million tonne steel pipe and plates facility at Texas in t...
26 Mar, 2018, 12.40 PM IST
- JSW ups steel capacity of US mills to 40 per cent
On steady revival in steel demand in the US market, JSW Steel on Thursday said it has increased the capacity utilisation of its two mills i...
22 Apr, 2010, 09.54 PM IST
- JSW Steel eyes exports to keep US arm afloat
India’s largest private steel maker JSW Steel is eyeing export markets such as South America, Mexico and Chile to keep its US subsidiary - ...
17 Jun, 2009, 12.30 AM IST
Slowdown effect: JSW halves workforce in USSajjan Jindal-led JSW Steel has almost halved its workforce at its US steel mills.
14 May, 2009, 02.04 PM IST
- No plans to sell US mills: JSW Steel
JSW Steel said it has no plans to sell its US-based units even as mills are operating at only 10-15 per cent of their production capacity a...
12 May, 2009, 05.48 PM IST