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ET Markets - Stocks 113d ago
JSW Steel shares rise over 2%, after arm seeks govt help to secure gas supplies amid Middle East crisis
JSW Steel's unit is requesting government help to secure vital fuel supplies. Ongoing global tensions have created shortages of liquefied natural gas and propane. These fuels are crucial for JSW Steel Coated Products' manufacturing processes. Disruptions could impact downstream customers and lead to supply deficits. India relies heavily on natural gas imports.
AVTNPLGLOBALJSWHLJSWINFRAJSWSTEELLRRPLONGCSALSTEELVITALCapital GoodsChemicals
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CNBC TV18 - Markets 114d ago
India's JSW unit seeks government help to secure gas supplies amid shortages
India's JSW Steel Coated Products, a unit of JSW Steel, has sought government intervention to secure supplies of liquefied natural gas and propane to prevent output disruptions amid shortages caused by the Iran war, according to a letter reviewed by Reuters.
AVTNPLJSWHLJSWINFRAJSWSTEELONGCSALSTEELFast Moving Consumer GoodsFinancial Services