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Steel giants step on capex pedal
JSW, Tata, SAIL, JSPL are set to hike capex up to 65%; spending surge defies West Asia cost pressures.
Steel giants set for Rs 75,000 crore capex push in FY27
JSW, Tata, SAIL, JSPL are set to hike capex up to 65%; spending surge defies West Asia cost pressures.
JSW Steel commences 13.2 MTPA Paradeep Integrated Steel Plant project
The Paradeep Integrated Steel Plant will be developed in phases with a planned capacity of 13.2 million tonnes per annum (MTPA) and an estimated investment of about Rs 65,000 crore in phases. Spread across nearly 2,950 acres, the project is strategically located on Odisha's coastline, offering strong port connectivity, efficient access to raw materials and robust logistics infrastructure to serve both domestic and international markets.
Hopeful JSW's Rs 65,000 cr steel plant will be completed by 2029, to boost industrialisation: Majhi
Odisha's Chief Minister Mohan Charan Majhi is optimistic that JSW's massive Rs 65,000 crore integrated steel plant near Paradip will be operational by 2029. This mega project marks a significant step in the state's industrialisation. The plant will have an initial capacity of 13.2 MTPA and is expected to create substantial employment and economic opportunities for the people of Odisha.
JSW Steel kicks off Rs 65,000 crore greenfield steel project in Odisha
JSW Steel has launched a massive Rs 65,000 crore steel project in Odisha. This 13.2 million tonne per annum integrated steel plant will be developed in phases at Paradeep. The project is strategically located on Odisha's coastline. It will offer strong port connectivity and efficient access to raw materials. This development aims to serve both domestic and international markets.
JSW Steel begins work on ₹65,000 crore Paradeep Steel Plant in Odisha
The coastal steel plant at Paradeep will be developed in phases and is expected to boost Odisha’s role as a major steel manufacturing hub.
L&T wins orders from JSW Utkal Steel, IWAI, others
Larsen & Toubro has won several new contracts in India. These include piling work for JSW Utkal Steel in Paradeep, Odisha. L&T GeoStructure will also build ship repair facilities in Patna and Varanasi for the Inland Waterways Authority of India. Additionally, a yacht marina project at Mumbai Harbour has been awarded. These projects highlight L&T's expanding role in infrastructure development.
JSW Steel, Bharatia and Carbon Iceland International signs strategic MoU
For joint development of 300 KTPA eMethanol project in India
JSW Steel Block Deal: Rs 533-Crore Stake Change Hands; Edelweiss, ICICI Pru MF, SBI MF Among Buyers
JSW Cement block deal.
Wars in West Asia and Ukraine are turning shipping costs into steel sector’s biggest headache
In the face of a daunting 28-30% increase in international freight costs, India's steel sector is at a crossroads. The unrest in West Asia is inflating the cost of coking coal imports, intensifying the financial strain. Yet, domestic production is holding its ground. The industry is pivoting towards enhancing operational resilience and implementing smart cost management to tackle these obstacles.
Buy, Sell Or Hold: Apollo Tyres, JSW Steel, Vodafone Idea, Hero MotoCorp, Siemens — Ask Profit
Market experts share their insights on fundamentals and technical levels for key stocks.
