Company wants to replace thermal energy with renewables and cut carbon emission 40% by 2030.
JSW Steel plans to raise $500 million (₹3,700 crore) through the issue of sustainability bonds in the overseas markets. The company has set a target to become carbon neutral at JSW Coated and reduce carbon emission 40 per cent by 2030, besides recycling all the solid waste generated and achieve zero discharge from the plant. […]
JSW Steel Plant builds makeshift 1000 bed hospital with oxygen in Karnataka.
To help combat the oxygen crisis amid the second wave of Covid-19, Conglomerate JSW Group has opened a 1,000-bed hospital to care for Covid-19 patients at Toranagallu, Ballari in Karnataka. The company constructed the hospital in alliance with the District Administration of Ballari, which will manage and run the facility. Built-in 15 days, the Covid […]
Iron and steel export from India rise by more than 100% in June: EEPC India report
Export of iron and steel products witnessed a sharp rise of more than 100% in June, even as export of engineering goods from India registered a decline of 7.24%, said an analysis report by engineering export promotion council of India, on Friday. “Out of 33 engineering export items ,27 recorded negative year-on-year growth in June, […]
Going forward, India should be the steel producer of the world, not China: Sajjan Jindal
All the issues that you have named are there. But if we say that in China there are no issues, I would not agree with that. In India, we have issues of land, of labour, of getting finance because the cost of finance is very high. But then, we have a lot of advantages too. […]
Indian Steel Industry in the post-COVID-19 World
The COVID-19 has disrupted operations globally is well-known. Moreover, the new normal that will emerge is likely to witness a realignment of power centres in different domains. The coronavirus crisis has impacted almost all supply chains dependent on China, which includes the steel sector. Given the closure of operations in most industries, the nation’s steel […]
JSW Steel’s crude steel production falls due to ongoing COVID-19 pandemic
JSW SteelNSE -9.11 % produced 5.63 lakh tonnes of crude steel in April 2020, a 60% decline as against 13.93 lakh tonnes in the same month last year as the steel maker was operating at low capacities due to the nationwide lockdown. The average capacity utilisation was clocked at 38% for April 2020, the company […]