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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.
JSW Steel Share Price Live Updates: JSW Steel's Price Update
JSW Steel Share Price Live Updates: JSW Steel's 6-Month Beta Indicates Volatility
Mounting gas shortages disrupt some steel plants at JSW, one unit may face shutdown
India's steel sector faces a severe gas crisis. JSW Group operations are disrupted, with one unit nearing a potential shutdown. This follows Middle East conflict affecting supply routes. The Indian Steel Association warns of a huge adverse impact on small and medium enterprises. The government has invoked emergency measures to restrict natural gas use.
Ultratech Cement, Hindalco, Grasim Industries, JSW Steel, among top gainers on March 16 amid volatile market; NIFTY50 trades above 23,100 - Upstox
Ultratech Cement, Hindalco, Grasim Industries, JSW Steel, among top gainers on March 16 amid volatile market; NIFTY50 trades above 23,100Upstox
JSW Steel Share Price Live Updates: JSW Steel's weekly returns indicate a downturn
Metal stocks in focus: JSW Steel, Jindal Stainless, Hindalco on investors' radar today
While JSW Steel has announced plans to develop a coking coal mine in Mozambique, Jindal Stainless has flagged fuel availability constraints impacting plant operations. Meanwhile, Hindalco has clarified that its aluminium extrusions operations have not been halted following a recent news report.
Stocks to watch, March 16: IndiGo, Adani Power, Adani Total Gas, Ramky Infra, Waaree Energies, Zydus Life, JSW Steel, Hindalco - Upstox
Stocks to watch, March 16: IndiGo, Adani Power, Adani Total Gas, Ramky Infra, Waaree Energies, Zydus Life, JSW Steel, HindalcoUpstox
West Asia crisis hits stainless steel production; LPG shortages and logistics disruptions raise costs
The West Asia crisis and LPG shortages in India are affecting the domestic stainless steel industry, forcing companies to cut production and brace for higher costs. Manufacturers rely heavily on LPG and natural gas for key processes, and fuel constraints have led some plants to operate at reduced capacity.
JSW Steel announces 850 MT Minas de Revuboè coking coal mining project in Mozambique
Shares of JSW Steel Ltd ended at ₹1,119.05, down by ₹53.65, or 4.57%, on the BSE.
Copper remains a strong long-term play despite near-term volatility: Anand Rathi’s Parthiv Jhonsa
Parthiv Jhonsa, Vice President of Anand Rathi Institutional Equities, said rising gas prices and higher shipping costs could pressure margins for Indian steel producers. However, immediate supply risks remain limited as companies hold raw material inventories. He noted potential export challenges due to Europe’s quota limits and warned that Chinese steel imports could rise if domestic production is disrupted. Jhonsa remains positive on select ferrous players and sees strong long-term prospects for copper.
Jefferies adds Groww, State Bank of India, 5 others to 23 buy ideas. Here’s the full list
Jefferies has updated its analyst top ideas, adding seven new stock recommendations across various sectors. These picks include State Bank of India, Groww, Star Health & Allied Insurance, Bharat Forge, JSW Steel, Eternal, and Max Healthcare, with significant upside potential highlighted for each.