JSW Steel appoints Robert Simon as CEO of JSW USABefore joining JSW USA, Simon consulted with several companies, including OmniTrax in Denver, Colorado, and also served as the chairman of ...
06 Mar, 2024, 12.32 PM IST
CEO of JSW Steel's US arm resignsBush has stepped down from his role as Chief Executive Officer (CEO) of JSW Steel USA to pursue other opportunities, the company said in th...
08 Dec, 2022, 02.00 PM IST
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
Exxon Mobil ordered to pay USD 14.25 million penalty in pollution caseIn setting the penalty, which would go to the US Treasury, US District Judge David Hittner of Houston reduced a previous award he handed do...
03 Mar, 2021, 10.38 AM IST
ExxonMobil to lay off 1,900 US employees; mostly at Houston officesEarlier this month, the company announced reductions of 1,600 positions across its European affiliates.
30 Oct, 2020, 02.03 PM IST
JSW Steel is focusing on turning around US businesses, plans to break-even by 2021: Parth Jindal“I would say that the objective of the US operations is to stop bleeding the organisation and to stand on its own feet…We have scaled down ...
11 Aug, 2020, 11.17 AM IST
JSW Steel debt-based leverage likely to rise in FY20In FY'19 and FY'18, the leverage was 2.2x and 2.6x respectively.
12 Nov, 2019, 01.14 PM 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 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
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