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JSW Steel arm plans to tap US municipal bond market
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JSW Steel to provide guarantee for loan repayment on behalf of JSW Ohio | Hellenic Shipping News Worldwide
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26 Jul, 2021, 4:09 am
Indian steel giant JSW Steel Limited has reported strong recovery in April-June 2021 quarter with its quarterly profit surging to highest ever level of INR 5,900 crores
April-June 2021Standalone Performance
Saleable Steel Rolled: Flat - 2.67 million tonnes, down 10% QoQ, up 34% YoY
Saleable Steel Rolled: Long - 0.84 million tonnes, down 17% QoQ, up 83% YoY
Semis - 0.10 million tonnes, up 17% QoQ, down 71% YoY
Total Sales - 3.61 million tonnes, down 11% QoQ, up 29% YoY
Highest ever quarterly Revenue from Operations: INR 25,959 crores
Highest ever quarterly Operating EBITDA: INR 9,491 crores
April-June 2021Consolidated Performance
JSW Steel USA Ohio -0.14 million tonnes crude steel & 0.10 million tonnes sales
Bhushan Power & Steel Ltd - 0.69 million tonnes crude steel & 0.48 million tonnes sales
JSW Steel USA secures toll conversion services to deliver HRC products to US customers
By IANS |
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Steel Industry.. Image Source: IANS News
Mumbai, May 4 : JSW Steel USA Ohio Inc, a subsidiary of JSW Steel Ltd (the flagship business of the US$ 12 billion JSW Group) has signed a long-term agreement with Allegheny Technologies Inc for the conversion of carbon steel slabs manufactured at JSW Steel US s facility in Mingo Junction, OH into hot rolled coils at ATI s Hot Rolling and Processing Facility (HRPF) in Brackenridge, PA.
As per the terms of the agreement, ATI is expected to hot-roll a significant percentage of carbon steel slabs produced by JSW Steel USA.
JSW Steel USA secures toll conversion services to deliver high quality HRC products to customers in USA
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