JSW Steel Calls Reports on Liberty U K Interest Speculative yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Read more about Misleading : JSW Steel denies reports on Liberty Steel assets buy on Business Standard. In a statement on Saturday, JSW Steel said its focus remained in India for now and it was not looking at acquiring any overseas assets
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JSW Steel plans Rs 47,457 cr capex in 3 years, to expand capacity to 38 MTPA by 2024
The new projects will cost Rs 25,115 crore, while the ongoing investments, including doubling of capacity at Dolvi in Maharashtra to 10 MTPA, will require Rs 22,342 crore.
Nevin John | May 23, 2021 | Updated 20:22 IST
JSW Steel targets to expand its capacity to 38 MTPA by 2024 from the present 23 MTPA.
JSW Steel, India s most-valued steel company, plans to spend Rs 47,457 crore towards capital expenditure in the next three years, primarily for adding 5 million tonnes per annum (MTPA) steel making capacity at Vijayanagar, Karnataka, and building mining infrastructure in Odisha.
The new projects will cost the company Rs 25,115 crore, while the ongoing investments, including doubling of capacity at Dolvi in Maharashtra to 10 MTPA, will require Rs 22,342 crore.
JSW Steel To Examine Bid For Sanjeev Gupta s British Business: Report JSW Steel is considering a bid to buy Liberty Steel in Britain as well as mills elsewhere, as would-be buyers circle Sanjeev Gupta s global commodities empire.
Updated: May 22, 2021 3:53 pm IST
JSW Steel said its focus remained in India for now and is not looking at acquiring any overseas assets.
India s largest steel producer, JSW Steel, is considering a bid to buy Liberty Steel in Britain as well as mills elsewhere, two people familiar with the matter told Reuters, as would-be buyers circle Sanjeev Gupta s global commodities empire. JSW s interest, which extends to plants including Gupta s Adhunik steel mill in eastern India, could mark yet another chapter for Britain s steel industry, which has been privatised and sold to overseas buyers as its pre-eminence slid in lock-step with the country s manufacturing might.