![JSW Steel subsidiary to invest $110 mn in Texas facility](https://images.assettype.com/fortuneindia%2F2022-02%2F6294a03f-a7d7-4d61-adba-c8b53bc3d662%2FVasind_CGL_1_copy.jpg?rect=0,246,2400,1200&w=300&q=95)
JSW Steel subsidiary to invest $110 mn in Texas facility
JSW Steel unit to expand its ‘Made In USA’ product portfolio by insourcing production of steel slabs from its facilities at Ohio, where it recently invested $145 million
JSW Steel unit to expand its ‘Made In USA’ product portfolio by insourcing production of steel slabs from its facilities at Ohio, where it recently invested $145 million
The JSW Group firm debuts this year as new ports and facilities add to a growing bottomline.
Tata Steel is setting up electric arc furnace-based recycling plants.
JSW Group plans to invest in cement plant, power plant, greenfield port and a steel plant in Odisha
JV will form the first company to have end-to-end manufacturing of grain-oriented electrical steel products in India
JSW Steel’s revenue surges 7.2% to ₹41,940 cr compared to ₹39,134 cr during the year-ago period
The discounted steel from China, weak global macro-outlook and higher domestic manufacturing costs are expected to hamper the dreams of Indian steel producers.
Steel production and consumption remain strong, aided by government capex as well as an overall healthy economy
Sajjan Jindal has steered JSW Steel through domestic and global headwinds, increased capacity and acquired new businesses, to turn the company into the country’s largest steelmaker.
Jio Financial Services, Reliance Industries, Power Grid, JSW Steel, Larsen & Toubro, and ONGC contributed the most to the losses in Sensex.